Property taxes in Texas are derived from a county office (the appraisal district) assigning a value to your home on an annual basis. This property tax assessment is used to calculate your annual property tax bill, and for every $100,000 in valuation you will pay approximately $2,200 in property taxes.
Appraisal districts utilize a mass appraisal approach to assess properties, meaning it is not an independent appraisal of your home. It is recommended that property owners file an appeal and ensure the formula is calculating the correct value.
At NTPTS, we encourage all homeowners to file a property tax protest and ensure they are paying the correct amount of property taxes. It is your right to appeal the value assessed by the county appraisal district, so use it!
Texas Property Tax Appeal Process
Some homeowners may not know how to appeal their property tax assessments. Below is a breakdown of the steps required to negotiate lower real estate taxes in the DFW area.
-
1. File an Appeal with Appraisal District
To file an appeal, you simply have to notify your county appraisal district that you disagree with your proposed value when you receive your annual Notice of Appraised Value.
-
2. Attend Hearing with Appraisal Review Board
Once you file the appeal, you will be assigned a time to appear before the Appraisal Review Board, an independent body that resolves these disputes. At the hearing in front of the Appraisal Review Board, you will have a chance to submit information that shows why your assessment should be lower than what the Appraisal District is proposing. The Appraisal District will also have a representative at the hearing to provide information on why they believe the value they assigned is correct.
-
3. Appraisal Review Board Issues Decision
Once both sides have presented their information, the Appraisal Review Board will deliberate and issue a decision.
Filing a property tax protest to challenge your assessment is an easy process, but achieving the best results through the appeal can be a very time consuming and cumbersome process. To ensure you achieve maximum savings, you may want to hire a property tax reduction firm.
Savings for Dallas-Fort Worth Homeowners
NTPTS clients realize the highest average tax savings every year. Our clients typically have properties valued over $250,000. Our specialty is properties valued over $1 million. In 2022, NTPTS average reductions were 52% higher than other firms.
| Year | NTPTS Average Reduction | Homeowner Average Reduction | Other Agent Average Reduction |
|---|---|---|---|
| 2022 | $63,358 | $30,886 | $30,711 |
| 2021 | $62,620 | $28,324 | $29,153 |
| 2020 | $62,573 | $27,235 | $26,667 |
Why NTPTS Appeals are Different
Our appeals in Dallas, Tarrant, Collin, and Denton Counties produce consistent results every year. The key to a successful property tax appeal is the information provided during the hearing.
Our property tax consultants are experts in the mass appraisal system and how formulas are used to calculate your value. Many appeals can get very detailed, and success can depend on as little as one variable in the mass appraisal formula.
NTPTS focuses on details inside the mass appraisal system and particular details of your home to provide the most comprehensive analysis available for your hearing. No other property tax reduction firm in Dallas-Fort Worth provides the same level of detail as NTPTS in hearings.
What Our Clients Can Expect
- Every client of NTPTS receives an independent review and analysis from one of our in-house, full-time consultants.
- NTPTS will not “settle en masse” like other firms. We strive to achieve optimal results for each of the individual properties we represent.
- There are no upfront, fixed, or hidden fees. If we do not produce results, then we do not get paid for our work.
- We evaluate clients’ properties every year with the objective of achieving the lowest appraised values.
Lower Your Property Taxes
As a Texas homeowner, it is in your best interest to fight to reduce your property taxes. While you can choose to go through the appeal process on your own, a trusted firm like NTPTS can save you time and money.
Our individualized approach and knowledge of the North Texas real estate market gives our clients the best chance to win their appeal. NTPTS has outperformed all residential property tax appeal firms in North Texas every year since we began representing homeowners in 2003.
There is no risk to you when you work with NTPTS. If we are not able to achieve a reduction in your assessment, then we do not charge you anything.
Register your property to sign up for our property tax consulting services.