I’m 75 years old. I just sold my prior home and purchased a new home. There was a deep discount for school taxes at the old home, but there is no discount for school taxes at the new home. Is the over 65 homestead exemption portable?

Yes.

I forgot to file a property tax protest by May 15. However, my property is assessed at twice its actual market value. Is there anything I can do?

Yes. You can file a substantial error correction appeal (2525d) provided it is filed by the tax delinquency date. This is typically Jan. 31 of the following year.

The appraisal district has inaccurate information regarding the size of my home. Can I get a refund for prior years?

It depends on the amount of the error. You can certainly correct it for the current year and you can likely correct it for the past four years.

I bought my home in a previous tax year and forgot to file a homestead exemption. Is it too late to claim a homestead exemption for the current tax year and obtain a refund?

You can still obtain a homestead exemption for 2006 provided the request is filed by Jan. 31, 2008 (1 year after the delinquency data for the taxes).

I have not heard about binding arbitration. Please explain it.

The property owner files a request for binding arbitration within 45 days after receiving official notice of the appraisal review board’s decision. The property owner completes a form, remits payment of a $500 deposit and lists a requested value. The appraisal district forwards the request for binding arbitration to the Comptroller. The Texas Comptroller facilitates … Read more

Will someone come out to inspect my property?

This is unlikely, due to counties handling thousands of protests each year. An O’Connor consultant may need to inspect your property, but only in rare circumstances.

What if the county has my square footage listed incorrectly?

You may request the county appraisal district do a field check on the subject property.

If I have an appeal pending do I have to pay my taxes?

Yes. To avoid penalties and interest, all taxes must be paid by the delinquency date. You will receive a refund if an appeal is later settled in your favor.

When do the new tax rates come out?

Tax rates for most tax entities in Texas are set in November of the current year just before the tax bills are issued. In some cases, the tax rates are set at a later date.

Should I hire you or should I do it myself?

The advantage of hiring O’Connor is that you have full-time, experienced professionals armed with vast databases and a high-level understanding of the property tax protest process. However, we encourage you to protest your taxes either through us or as an individual – it’s your right to do so!