Mclennan County, Texas Property Taxes

Homeowners in McLennan County, TX, have the opportunity to appeal their property tax assessments if they believe their property has been over-assessed. The property tax protest process begins with a formal appeal to the McLennan County Appraisal District. Homeowners must file a Notice of Protest, which can typically be done online, by mail, or in person. Once the protest is filed, the next step involves attending an informal meeting with an appraiser to discuss the assessed value. If an agreement is not reached during this informal review, the case proceeds to a formal hearing before the Appraisal Review Board (ARB). This independent board listens to both the homeowner's evidence and the appraisal district's justification for the assessed value.

During the formal hearing, homeowners can present evidence such as recent sales of comparable properties, photos, or independent appraisals that support their claim for a lower assessed value. The ARB will then make a decision, which can result in a reduction, no change, or in some cases, an increase in the property's assessed value.

Navigating this process can be challenging, and that's where Ownwell can be of assistance. With expertise in property tax appeals, Ownwell helps homeowners gather the necessary evidence, prepare for hearings, and represent their case effectively. By leveraging their knowledge and experience, Ownwell aims to achieve a fair and accurate assessment for homeowners, potentially leading to significant savings on property tax bills. Whether it's through strategic guidance or direct representation, Ownwell provides valuable support throughout the property tax protest process in McLennan County.

In McLennan County, Texas, homeowners can benefit from several property tax exemption programs designed to reduce their tax burden. The most common exemption is the Homestead Exemption, which applies to a homeowner's primary residence. This exemption can significantly lower the assessed value of the property, resulting in reduced property taxes. To qualify, homeowners must occupy the property as their primary residence as of January 1st of the tax year and must not claim any other homestead in or outside of Texas.

Another available exemption is the Over-65 Exemption, offering additional relief to senior homeowners. Eligible individuals must be 65 years or older and can benefit from a further reduction in their property’s assessed value. This exemption is particularly valuable as it can freeze the school district tax amount, preventing future increases.

Disabled veterans may qualify for the Disabled Veteran Exemption, which provides a percentage reduction in assessed value based on the severity of the disability. Additionally, there is an exemption for homeowners with a disability, offering relief similar to the Over-65 Exemption.

Homeowners can apply for these exemptions through the McLennan County Appraisal District. Ownwell can assist in identifying eligible exemptions, ensuring accurate application submissions, and maximizing tax savings. Our expertise ensures homeowners fully leverage these programs, providing financial relief and peace of mind.