Skip to content
×
PRO Members Get
Full Access
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime.
Level up your investing with Pro
Explore exclusive tools and resources to start, grow, or optimize your portfolio.
10+ investment analysis calculators
$1,000+/yr savings on landlord software
Lawyer-reviewed lease forms (annual only)
Unlimited access to the Forums

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Followed Discussions Followed Categories Followed People Followed Locations
Austin Real Estate Forum
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 3 years ago on . Most recent reply

User Stats

22
Posts
17
Votes
Josh McAuliffe
  • Austin, TX
17
Votes |
22
Posts

Protesting Property Tax Increase

Josh McAuliffe
  • Austin, TX
Posted

The dreaded day has arrived... Travis CAD released assessments for 2022 and I almost fainted when I saw the newly appraised value of the duplex I just closed on in March. The county raised my appraised value by 173% YOY and determined the market value to be quite a bit higher than the appraisal I received during closing. I had initially planned to protest on my own but I am looking into professional consultants as it may be worth the cost to save myself the headache... As I am doing my research I am trying to compare the fees associated with each consultant. Below is what I have gathered thus far;

Texas Pro Tax: 

  • The taxable reduction fee is based off of 40% of actual tax dollar savings.
  • For properties with exemptions (EX: Homestead), there is a market value reduction fee calculated IF the market value is reduced but doesn’t beat the capped value ($2.50/$1k value reduction).
  • The minimum fee is $50/parcel.

Texas Property Tax Reduction: $199 one time fee (refundable if no reduction in market value)

Home Tax Shield: $30 membership fee, 30% of tax savings 

Property Tax Protest: 1% of market value reduction 

Texas Tax Protest: Couldn't find pricing on their website 


Anyone have experience with any of these consultants, or others I am missing, and can provide any recommendations? My next step is to create an excel table to estimate the fees associated with each consultant based on a hypothetical market value reduction.

Most Popular Reply

User Stats

4,359
Posts
4,262
Votes
Greg H.
  • Broker/Flipper
  • Austin, TX
4,262
Votes |
4,359
Posts
Greg H.
  • Broker/Flipper
  • Austin, TX
ModeratorReplied

Living locally, I would just handle it myself if I were you. You will have a chance to present the appraisal informally to the appraiser and have a great chance of reaching a favorable settlement. Travis county is going to have a wave of protests and those with valid claims should be settled so they can avoid a glut of formal hearings  

  • Greg H.
  • Loading replies...