Looked up my old house in Estates of Creek Meadows. It has gone from under $400K two years ago to $550K. No way that house sells for $550K right now.
BCAD Notices Mailed
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Last: 8 mo ago by classicdoug
Good idea. Vote them out in '24. New legislative session in '25. And of course, they won't do anything then either.
Wow I got off easy this year in Pebble Creek. Here are my year by year values.
2023 $563
2022 $548
2021 $498
2020 $462
2019 $449
2018 $464
2017 $448
2016 $437
2015 $393
Still a slow creep up but much better than last year with that $50k jump.
2023 $563
2022 $548
2021 $498
2020 $462
2019 $449
2018 $464
2017 $448
2016 $437
2015 $393
Still a slow creep up but much better than last year with that $50k jump.
No material on this site is intended to be a substitute for professional medical advice, diagnosis or treatment. See full Medical Disclaimer.
Rents are definitely rising but have come nowhere close to matching tax increases over the last 10 years.Mumbo Jimbo said:
Landlords are going to be sick
rents going UP
Maybe living in Texas ain't "that" great afterall
Im selling houses to pay off loans just so I can make the same income that I was making five years ago. And then I get to pay the feds a chunk of my proceeds from the sale.
Across the board, you're going to see the number of single family rentals drop. I know some will cheer this but as rentals continue to become less and less profitable more owners will sell. The result will be increased rent cost for anyone that cant afford to buy and more families forced into apartments. Typical of what you see in Europe and other countries. I already feel bad for people renting and it will only get worse.
So maybe the "rebel" Brazos county commissioners thwarting the tax rate increases desired by the majority of the court, was not such a despicable stance??
GSS said:
So maybe the "rebel" Brazos county commissioners thwarting the tax rate increases desired by the majority of the court, was not such a despicable stance??
This!
Thanks! Looks like a few others have signed up as well.busdriver88 said:Thanks. Just signed up. I use a similar service here in Lubbock for our properties up here, and have been pleased.HowdyAgs03 said:
I have Ownwell handle my protest request. Their fee is 25% of any property tax savings and nothing is owed if the protest is unsuccessful. I figured I don't have anything to lose and signing up was quick and easy.
If anyone decides to give them a shot use the following link and we'll both get a $20 credit:
https://www.ownwell.com/?owl=2EFAFZCAC
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KidDoc said:
Wow I got off easy this year in Pebble Creek. Here are my year by year values.
2023 $563
2022 $548
2021 $498
2020 $462
2019 $449
2018 $464
2017 $448
2016 $437
2015 $393
Still a slow creep up but much better than last year with that $50k jump.
Whats your sqft?
Our townhouse in Barron Crossing is for sale right now. They have our value higher than what we have it listed for. Insanity! Up $50,000 from last year.
Same - I don't think I could sell my house today for what they think it's worth.aneisch said:
Man.. I thought last years 20% increase was bad. 25% more this year, HS cap loss into the six figures.
3200ishOrlando Ayala Cant Read said:KidDoc said:
Wow I got off easy this year in Pebble Creek. Here are my year by year values.
2023 $563
2022 $548
2021 $498
2020 $462
2019 $449
2018 $464
2017 $448
2016 $437
2015 $393
Still a slow creep up but much better than last year with that $50k jump.
Whats your sqft?
No material on this site is intended to be a substitute for professional medical advice, diagnosis or treatment. See full Medical Disclaimer.
Got a pool? I might need you as a comp. I've had $250k in value added to my home since 2021.KidDoc said:3200ishOrlando Ayala Cant Read said:KidDoc said:
Wow I got off easy this year in Pebble Creek. Here are my year by year values.
2023 $563
2022 $548
2021 $498
2020 $462
2019 $449
2018 $464
2017 $448
2016 $437
2015 $393
Still a slow creep up but much better than last year with that $50k jump.
Whats your sqft?
I've wondered about that too. The legislature has discussed lowering the residential homestead cap to 5% instead of 10%. The argument against is that in states with lower homestead caps, there can be a big disparity between property taxes of neighbors in similarly valued properties depending on how long ago they bought it. But if commercial property valuations don't keep up with the market, it means homeowners are subsidizing long-time owners of commercial real estate. Not cool.happyinBCS said:
in the last 10 years up 97% on my personal home in the last 10 years on commercial property I own down 3% yet the market value is up over 100% WHY do they only raise the values on residential and don't touch commercial
I checked a few commercial properties--Target, Walmart, Kroger, HEB--they have gone up a fair bit the past year or two, but often are stagnant for many years before that and have seen nowhere near the increases homes have. I don't know whether that reflects the underlying market or not.
I just don't understand why commercial property is not treated the same way, I looked up some houses in Miramont and they went up a million bucks on a last year valuation of about 1.9 million just insane
Yup!TAMU1990 said:Got a pool? I might need you as a comp. I've had $250k in value added to my home since 2021.KidDoc said:3200ishOrlando Ayala Cant Read said:KidDoc said:
Wow I got off easy this year in Pebble Creek. Here are my year by year values.
2023 $563
2022 $548
2021 $498
2020 $462
2019 $449
2018 $464
2017 $448
2016 $437
2015 $393
Still a slow creep up but much better than last year with that $50k jump.
Whats your sqft?
No material on this site is intended to be a substitute for professional medical advice, diagnosis or treatment. See full Medical Disclaimer.
Who do you vote out (particularly Brazos County)?JR Ewing said:
The one thing we can all do is sign up to protest and not accept their counter values. Schedule the crap out of some hearings and overwhelm the tax office with lines of pissed off people. News will cover that and politicians will notice...vote them all out if they can't do something to help the citizenry...
What do you have to provide to them for them to be able to represent you?HowdyAgs03 said:Thanks! Looks like a few others have signed up as well.busdriver88 said:Thanks. Just signed up. I use a similar service here in Lubbock for our properties up here, and have been pleased.HowdyAgs03 said:
I have Ownwell handle my protest request. Their fee is 25% of any property tax savings and nothing is owed if the protest is unsuccessful. I figured I don't have anything to lose and signing up was quick and easy.
If anyone decides to give them a shot use the following link and we'll both get a $20 credit:
https://www.ownwell.com/?owl=2EFAFZCAC
It's been a year since I signed up but if I recall correctly I only had to provide my address. I believe everything else is public record.
Thanks!
Up 36% over last year. Thank goodness for the HS exemption, but it's still going to hurt.
PSA for those over 65: Even though part of your taxes are frozen, your appraised values still affect the rest of us. Almost every time we have protested, BCAD used comp houses with owners over 65. If you know your home is overvalued, please protest.
A condo we own on Dartmouth went up 50K. These are 40 year old units and they're pushing a value of >$200K. Just ridiculous...
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This is the problem in my neighborhood with trying to push the over 65 crowd to protest. These are the same folks who are in control of the HOA and were narrowly voted down on their proposal to increase the annual HOA dues by 40% in One Year. They weren't as concerned - but this definitely hurts the young families in my neighborhood like mine who are seeing a $250 month increase in costs to cover the "value increase" plus these dues. I am just wondering if it will ever stop in my life time.iisanaggie said:
PSA for those over 65: Even though part of your taxes are frozen, your appraised values still affect the rest of us. Almost every time we have protested, BCAD used comp houses with owners over 65. If you know your home is overvalued, please protest.
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The property taxes are sucking so much wind out of the sails of landlords in terms of positive cash flow. So they are left no choice but to raise rents, and look how that gets them grilled by political figures on how can they allow them to raise the cost of rent like that. They don't realize its a feedback loop, the more you tax, the higher everything gets and more burden on the taxpayer.farmersfight said:
A condo we own on Dartmouth went up 50K. These are 40 year old units and they're pushing a value of >$200K. Just ridiculous...
Taxable increase should be locked to CPI.
24%. Up 72k ish from last year.
Last year wasn't bad though, only 21k increase from 2021, and 2021 was actually 2k less than 2020. Up 48% since 2019 though.
REALLY confused though. It seems about load of info on ours changed. Our house is a modular home on a pier and beam foundation in the middle of nowhere. Now CAD is listing it as a mobile home on a mobile home pad site in a mobile home neighborhood. This is the first year i have ever seen this. But also, even if it was a mobile home, how would a mobile home appreciate 60k in 1 year (not the land, the land only went up a little)?
Last year wasn't bad though, only 21k increase from 2021, and 2021 was actually 2k less than 2020. Up 48% since 2019 though.
REALLY confused though. It seems about load of info on ours changed. Our house is a modular home on a pier and beam foundation in the middle of nowhere. Now CAD is listing it as a mobile home on a mobile home pad site in a mobile home neighborhood. This is the first year i have ever seen this. But also, even if it was a mobile home, how would a mobile home appreciate 60k in 1 year (not the land, the land only went up a little)?
Don't own rental property in CSAT, just a personal use condo for game days, etc.....Not plugged in to the local politics either.
I keep an eye on property values, as I own my own appraisal company here in Lubbock. We are experiencing jumps also, though not at the levels I am reading on this thread. Is it possible there is some kind of agenda here, maybe the powers that be are tired of the SFR rentals to college kids? Look, I was not the greatest neighbor back in the day living in the neighborhood. Perhaps they are trying to push the tenants to more tenant friendly areas, ie apartments, etc? Just curious.
I keep an eye on property values, as I own my own appraisal company here in Lubbock. We are experiencing jumps also, though not at the levels I am reading on this thread. Is it possible there is some kind of agenda here, maybe the powers that be are tired of the SFR rentals to college kids? Look, I was not the greatest neighbor back in the day living in the neighborhood. Perhaps they are trying to push the tenants to more tenant friendly areas, ie apartments, etc? Just curious.
There may not be time to do the job right, but there is always time to do the job over!!
Yep. the old Woodcreek condos on the corner of Harvey and Dartmouth were selling a decade ago for around $80.farmersfight said:
A condo we own on Dartmouth went up 50K. These are 40 year old units and they're pushing a value of >$200K. Just ridiculous...
There was a drive and comments by some former city council members that they want as much high density housing as possible in the city. Although they have nothing to do with setting appraised values, it does set a perception of what the county tax officials think they can do.busdriver88 said:
Don't own rental property in CSAT, just a personal use condo for game days, etc.....Not plugged in to the local politics either.
I keep an eye on property values, as I own my own appraisal company here in Lubbock. We are experiencing jumps also, though not at the levels I am reading on this thread. Is it possible there is some kind of agenda here, maybe the powers that be are tired of the SFR rentals to college kids? Look, I was not the greatest neighbor back in the day living in the neighborhood. Perhaps they are trying to push the tenants to more tenant friendly areas, ie apartments, etc? Just curious.
Property appraised values should be restricted to not go up more than one and a half to twice the CPI if not less.
My rental portfolio in College Station proposed valuation went up32%.
Neighbor next door to one of my homes just sold it for 40k less than 22 valuation.
That will be a great comp. Problem is Brazos cad has not published that information yet.
As mentioned earlier we all need to flood them with appeals.
Enough is enough.
Neighbor next door to one of my homes just sold it for 40k less than 22 valuation.
That will be a great comp. Problem is Brazos cad has not published that information yet.
As mentioned earlier we all need to flood them with appeals.
Enough is enough.
Received mine. Up 14% from last year. In house 11 years and appraised value up 338% in 11 years.
Also, when you file your protest, make sure to check the box that requires them to provide you with their comps in advance. Large work load that can easily be put back on them.
woodiewood1 said:There was a drive and comments by some former city council members that they want as much high density housing as possible in the city. Although they have nothing to do with setting appraised values, it does set a perception of what the county tax officials think they can do.busdriver88 said:
Don't own rental property in CSAT, just a personal use condo for game days, etc.....Not plugged in to the local politics either.
I keep an eye on property values, as I own my own appraisal company here in Lubbock. We are experiencing jumps also, though not at the levels I am reading on this thread. Is it possible there is some kind of agenda here, maybe the powers that be are tired of the SFR rentals to college kids? Look, I was not the greatest neighbor back in the day living in the neighborhood. Perhaps they are trying to push the tenants to more tenant friendly areas, ie apartments, etc? Just curious.
Property appraised values should be restricted to not go up more than one and a half to twice the CPI if not less.
Just imagine the spending spree we are going to witness.
I understand values are going up. I just think the tax rates should be balanced. I just finished reading an article saying the average increase across the state is 30%.
What a dream come true for a bunch of folks who already have a reputation of wasteful spending.
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When you're filing - make sure you check the box that allows you argue about the equity in the transaction too. I've had instances protesting my own taxes under the guise of "you're assessing me at $X per sq ft. but the dude across the street with a similar house is $Y? Explain why he is lower than I am" and they did not allow me to protest/consider my protest then.CS78 said:
Also, when you file your protest, make sure to check the box that requires them to provide you with their comps in advance. Large work load that can easily be put back on them.
up 20%
House across the street just sold for $20k more than my valuation so it seems like mine is pretty fair
House across the street just sold for $20k more than my valuation so it seems like mine is pretty fair