News
Texas Protax in the News
As voters weigh higher tax rate for Austin public schools, group of former trustees raises concerns
Fourth-quarter commercial property pricing started strong in October as investors slowly began returning to deals in response to the Federal Reserve’s efforts to cut its borrowing rates…
Learn More →As voters weigh higher tax rate for Austin public schools, group of former trustees raises concerns
Voters are deciding whether to approve a tax rate increase that would generate new revenue for Central Texas’ largest public school district as it grapples with a $119 million budget…
Learn More →Houston ISD to hold $3.93 billion bond election for school upgrades
On November 5, voters in the Houston Independent School District (HISD) will have the chance to vote on Proposition A, a $3.96 billion bond proposal. If approved, the bond will be used…
Learn More →Harris County’s top elected tax official hasn’t swiped into the office in years, report finds
Where has Harris County’s Tax Assessor-Collector been? A recent Houston Chronicle investigation found that the top tax official in Texas’ most populous county has not shown up to her office in four years…
Learn More →Powers and Limitations of the Appraisal District Board of Directors
On July 22, 2024, the Tarrant Appraisal District (TAD) Board of Directors (BOD) held its first meeting to include three directors elected to their positions by voters…
Learn More →Will your property taxes go up next year? Use this simple calculator to find out
Harris County voted to raise its property tax rate in September and Mayor John Whitmire is expected to announce his plans for Houston’s tax rate this month. What does that…
Learn More →Tax rates are going down while bills go up: Here’s why
Alvin, Friendswood and Pearland ISDs each adopted a lower tax rate compared to the prior fiscal year, but residents in all three districts could still see an increase in the district’s portion of…
Learn More →3 Large Texas Manufacturers Apply for State Tax Breaks
The three applicants expect to plow $11.6 billion into the Texas economy. Eligible manufacturing, research and development companies that launch…
Learn More →5 reasons why the industrial real estate outlook is so strong — especially in Houston
The industrial real estate sector is experiencing unprecedented growth, fueled by a combination of evolving consumer behavior, technological advancements and strategic geographic advantages…
Learn More →Triten Enters Austin With Logistics Campus Purchase
Triten Real Estate Partners has acquired Central Texas Logistics Center, a seven-building, 485,885-square-foot industrial portfolio in San Marcos, Texas, within metro Austin. Peak Rock Capital previously owned the properties, CommercialEdge…
Learn More →Houston City Council members clash over property tax hike
City Council members are split over a potential increase in property taxes to cover the costs of recent disasters and a budget shortfall. So far, opponents of an increase outnumber…
Learn More →TCAD okayed suing 23 property owners—and tried to conceal their names
TCAD violated the Texas Open Meetings Act, then refused the Bulldog’s request for a list of the property owners until threatened with lawsuit. Travis Central Appraisal District’s Board of Directors on…
Learn More →SMTX adopts highest budget in a decade
At its Sept. 17 meeting, the San Marcos City Council approved the city’s budget of more than $300 million for fiscal year (FY) 2025 and set the new tax rate amount…
Learn More →Pflugerville City Council approves budget, property rate for 2025 fiscal year
The Pflugerville City Council approved its $857 million budget for the 2025 fiscal year. This included a property tax rate of $0.5428. The budget was approved at the city council’s…
Learn More →Aviation, semiconductor manufacturers apply for Texas property tax breaks
Six companies have applied for Texas’ new business tax break program since it opened in February, according to the state comptroller’s office. Among the first applicants were a Fort Worth-based aircraft manufacturer, a sustainable…
Learn More →Commercial real estate looks to stronger 2025 with Fed rate cuts underway
Better times are ahead for the commercial real estate market with one sizable Federal Reserve interest rate cut down and multiple rate cuts likely to come in the next year, according…
Learn More →RNR Real Estate Briefs – Texas & more
RNR Real Estate Briefs from Realty News Report HOUSTON — Brookfield Properties announced that the Nelson Mullins Riley & Scarborough LLP law firm leased 16,000 SF in Brookfield’s Heritage Plaza, a 52-story office…
Learn More →Harris County approves 8% property tax rate increase
For a house appraised at $400,000, the new rate would cost an additional $160 more per year. This increase could be higher if voters approve a flood control tax increase…
Learn More →Hays County Commissioners Court approves fiscal year 2025 budget, raises property taxes
The Hays County Commissioners Court voted 5-0 on Sept. 17 to approve the budget for fiscal year 2025, with an increase in property taxes and a decrease in the overall budget amount…
Learn More →You Bought an Office Building. Now What?
The past several months have witnessed a surge in office building sales, with investors mostly snapping up distressed assets, often at or near the value of the land they occupy.…
Learn More →Round Rock ratifies property tax increase, passes budget
The city of Round Rock ratified the property tax rate for fiscal year 2024-25 at 36 cents per $100 valuation, following City Council approval Sept. 12. The new fiscal year…
Learn More →Houston ISD board adopts tax rate for fiscal year 2024-25
Despite Houston ISD board managers adopting the same tax rate for fiscal year 2024-25 as the previous year’s tax rate, some homeowners within the district’s boundaries will still see an increase on…
Learn More →Texas Senate panel to explore cutting or eliminating local property taxes
Wednesday, a panel of Texas lawmakers will look at expanding or perhaps eliminating property taxes in the Lone Star State. It’s a lofty goal right now, but state senators want…
Learn More →Can Texas Eliminate Property Tax?
he short answer: no. The longer answer: definitely no, at least not anytime in the foreseeable future, and not without drastic increases to the sales tax or sacrifices of vital…
Learn More →Jose Pineda Leads Strategic Real Estate Investment Initiative, Targeting High-Growth Commercial and Residential Properties in Houston, Texas
The Houston real estate market is gaining momentum at a rapid pace. The city has continuously settled its position as one of the fastest growth areas in the metropolitan U.S.…
Learn More →The September Digital Issue of CPE Is Now Available!
We represent commercial properties just as we do residential. Continue to visit this page and follow us on social media to get the latest information. Follow this link for fresh…
Learn More →New lawsuit takes aim at Project Connect’s property tax funding in latest Austin budget
A group of Austin plaintiffs filed a new lawsuit against the Austin City Council on Monday over property tax rate allocations to the Project Connect mass transit program, according to…
Learn More →Texas Homeowners Facing Tax Hike After Storms
Homeowners in Texas’ most populous county are facing an 8 percent increase in property tax following recent storms in the state. Hurricane Beryl made landfall in Texas as a Category 1 storm on July…
Learn More →Friendswood ISD announces historic tax rate, but homeowners see little relief
Friendswood ISD is introducing a new tax rate deduction, which is being promoted as the lowest tax rate in over 40 years.The deduction gives a 4-cent refund on every taxable…
Learn More →Hutto City Council faces deadlock over proposed 15% tax hike amid rapid growth
Hutto City Council is at odds over next year’s proposed budget, which potentially includes a fifteen-percent tax increase. State law requires five votes to pass a budget, but three members…
Learn More →Harris County Could Use Loophole to Raise Your Property Taxes
Harris County Democrats are about to to an end around on a state law that was meant to keep property taxes in check.It turns out that there is a loophole…
Learn More →Map Shows States Which Have The Highest Property Tax
Property taxes are a crucial aspect of homeownership in the U.S., impacting everything from monthly mortgage payments to long-term financial planning. A new study from Maptive has revealed which states are imposing…
Learn More →Deadline approaches for Harris County homeowners to apply for derecho disaster exemption
Officials from the Harris Central Appraisal District are reminding property owners to apply for the derecho temporary disaster exemption by Sept. 3.…
Learn More →Richmond Publishes Maximum Tax Rate
Richmond City Commission voted to publish the maximum tax rate at $0.640000 per $100 property valuation for consideration for the City’s 2024- 25 fiscal year tax rate. This does not…
Learn More →Will Clouds in Texas Commercial Real Estate Clear in the Second Half?
It is not a shock to anyone in the industry to say that the commercial real estate market this year has been challenging and expected to experience further turbulence. The…
Learn More →Public Hearing Notice for Proposed Tax Rate Increase for 2024 Tax Year
As Central Texas school districts work to accommodate a lack of assistance and financial expectations from the state, as well as address teacher concerns and a rising cost of living, some are turning to…
Learn More →Katy ISD’s FY 2024-25 budget faces $26.7M general fund shortfall
Katy ISD is facing a $26.7 million shortfall in its general fund for fiscal year 2024-25 budget, district staff said at the Aug. 19 board workshop meeting. The proposed shortfall—$22…
Learn More →Hays CISD property values up 8.83%; lower tax rate considered
Property values in Hays CISD are up 8.83% per the Hays, Caldwell and Travis counties appraisal districts, but the proposed tax rate of $1.1546 is 0.2% lower than last year…..
Learn More →Bexar County Commissioners discuss budget priorities, hold the line on higher property tax rate
Bexar County commissioners on Tuesday listened to presentations on the county’s $2.8 billion budget, including keeping the property tax rate at nearly 30 cents per $100 valuation….
Learn More →How does the state’s ‘recapture’ program impact Austin ISD?
On Monday, Austin ISD’s Board of Trustees voted to put a voter-approved tax rate election, or VATRE, on the November ballot. But if the thought of more taxes makes you…
Learn More →Manor ISD proposition could lower property taxes
Voters in Manor ISD could decide to lower their property taxes. The Manor ISD Board of Trustees approved a lower tax rate at a meeting that will go to voters…
Learn More →Houston ISD, Harris County seeking additional revenue from taxpayers in November
Multiple levels of local government are seeking additional revenue from hard-pressed Houston-area taxpayers, a development that’s alarmed residents on fixed incomes and still grappling with inflation.…
Learn More →Austin ISD calls for tax rate election to deal with funding shortfall
Just hours before the start of the school year, Austin ISD’s Board of Trustees approved putting a voter approval tax ratification election, or VATRE, on the November ballot. The motion was…
Learn More →Typical Austin homeowner could pay nearly $1K more in property taxes next fiscal year
Local governments and tax entities are approving their tax rates and budgets for fiscal year 2024-25, which means the decisions they make now will impact your wallet before the end…
Learn More →Breakdown of where funds from AISD’s proposed Voter-Approval Tax Rate Election will go
Thursday night, Austin Independent School District’s Board of Trustees will hear from the public about calling for a Voter-Approval Tax Rate Election, or VATRE. The move would raise property taxes by approximately $400…
Learn More →Public Hearing Notice for Proposed Tax Rate Increase for 2024 Tax Year
The no‐new‐revenue tax rate is the tax rate for the 2024 tax year that will raise the same amount of property tax revenue for City of Georgetown from the same…
Learn More →Proposed Property Tax Bills Now Available Online For Travis County Property Owners
Travis County property owners can now review proposed tax rates and their potential impact on 2024 property tax bills online at TravisTaxes.com. According to Travis Central Appraisal District (TCAD) Chief Appraiser Leana…
Learn More →Houston ISD to Vote on $4.4B School Bond Proposal
The Houston Independent School District Board of Managers is set to vote Thursday on whether to put the district’s $4.4 billion bond proposal on the ballot in November in what would be…
Learn More →As Tax Protests Begin, Travis Central Appraisal District Catches Heat
Bill Aleshire, a lawyer for Texas Protax Austin Inc. – and formerly the county judge and, before that, the county’s tax assessor-collector – is calling the cancellation of informal hearings…
Learn More →Travis ARB Chair calls for a “do-over” after a day of property tax protestsTravis ARB Chair calls for a “do-over” after a day of property tax protests
Bill Aleshire, an attorney for tax firm Texas Protax, said that many Protax agents Tuesday found themselves waiting for hours before they were called into hearings. “I just think it’s…
Learn More →Action Ramps Up in Appraisal District Suit
Protax had requested “copies of the notices of the meetings, the minutes of the meetings, and any backup or explanatory material that was provided to the board members for the…
Learn More →Lawsuit Seeks Property Tax Hearings
The suit was brought by more than 150 property owners and two professional tax consulting companies (Texas ProTax-Austin Inc…
Learn More →TCAD not giving taxpayers timely hearings
An employee of Protax, one of the tax preparation companies suing TCAD, said, “Normally we settle about 90 percent of our hearings informally.”…
Learn More →159 Property Owners Sue Appraisal Review Board Over Protest Hearings
say they want their appraisal protests to have a hearing, as the law requires, and want monetary relief of $100,000.
Learn More →How to Size Up Your Property Tax Assessment
…“That absolutely can happen,” says Debra Bawcom, senior property tax consultant at Texas Protax in Austin, Texas. Your property might be incorrectly valued if a jurisdiction has documented the wrong…
Learn More →