The percentage of Collin County residential property tax protests has more than doubled in the past decade, paralleling skyrocketing home values.
tax bills for 2022, respectively — according to the Collin County Tax Assessor-Collector — disputed their values this year.Advertisement
Brooks noted that all property owners in Texas have the right to protest the appraised value of their property if they believe it is inaccurate, unequal to like properties, or missing qualified exemptions.checked the status of three other mayors whose property values increased this year and found that mayors in Prosper, Frisco and Plano did not contest their values, as some of those mayors noted that they could sell their home for more in the future if they didn’t contest the value today.
“They did reduce it some, but not below the $1,275,340, so it didn’t save me anything,” Fuller said. “I paid 100% of the taxes that they are legally able to charge me no matter what the market or appraised value was. If I could have gotten mine reduced to $1.1 million, if I felt it was worth that and I saved taxes, I would do that. I’m entitled to do that just like everybody else.
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