Each year, our local counties will send out notices of assessed values within their jurisdiction. This is important to you the homeowner or investor because it can affect your holding cost on the property; sometimes greatly. Depending on your total tax base rate, an increase of $20,000 on value could cost you an extra $500 a year.
Be aware of the values assessed on your property. If they seem high, you have rights as a taxpayer to protest the value assessed.
You can find more information and forms on your local appraisal sites.
http://www.comalad.org/http://www.guadalupead.org/ back