Taylor County, Texas Property Taxes

In Taylor County, TX, homeowners who believe their property tax assessments are inaccurate have the option to appeal. The process begins with the homeowner filing a protest with the Taylor County Appraisal District. This protest must be submitted before the deadline, typically May 15th or 30 days after the notice of assessed value is mailed, whichever is later. Once the protest is filed, the homeowner has the opportunity to present evidence supporting their claim that the assessed value is too high. This evidence can include recent sales of comparable properties, independent appraisals, or any discrepancies in the property's details.

After submitting the protest, the homeowner may have an informal meeting with an appraiser from the district to discuss their concerns and potentially reach an agreement on a revised assessed value. If an agreement is not reached, the protest proceeds to a formal hearing with the Appraisal Review Board (ARB). The ARB is an independent panel that listens to the evidence from both the homeowner and the appraisal district, then makes a decision on the appropriate assessed value.

Potential outcomes of the protest process include a reduction in the property's assessed value, which can lead to a lower property tax bill, or a decision to maintain the original assessment.

Ownwell can assist homeowners throughout this process by providing expert guidance and representation. Our team analyzes the property's assessed value, gathers relevant evidence, and represents the homeowner during meetings and hearings. With Ownwell's expertise, homeowners can navigate the appeal process more effectively, increasing their chances of achieving a favorable outcome.

Taylor County, Texas offers several property tax exemption programs to ease the financial burden on homeowners. One of the most significant exemptions is the Homestead Exemption, available to homeowners who designate their property as their primary residence. This exemption can significantly reduce the assessed value of the home, leading to lower property tax bills. To qualify, the homeowner must own and occupy the property as of January 1st of the tax year.

In addition to the Homestead Exemption, Taylor County provides exemptions for seniors aged 65 and older, as well as for disabled individuals. These exemptions offer additional tax relief, acknowledging the fixed income and unique needs of these groups. Moreover, veterans and their surviving spouses can benefit from exemptions that recognize their service and sacrifice.

Applying for these exemptions typically involves submitting an application to the Taylor County Appraisal District, along with the necessary documentation to prove eligibility. It is crucial for homeowners to understand the specific requirements and deadlines to ensure they receive the full benefits.

Ownwell can assist homeowners in navigating these exemption programs by providing expert guidance and support throughout the application process. By leveraging Ownwell's expertise, homeowners can maximize their savings and ensure they are not overpaying on their property taxes.