Did you get your property value in the mail and just about choke? Over half a million homes had their values increase this year. Most of the time that's a good thing. But it also effects how much you pay in taxes, and that doesn't always feel good in the purse strings.
How does the Bexar County Appraisal District decide on property values?
"The Texas Property Tax Code requires that properties be appraised at or near what they should sell for on the open market. (BCAD) does not set the amount for which a property may be sold, but by law, their appraisals must reflect the level of value that the sales prices in the market indicate," according to a news release from BCAD.
So when is the deadline?
"The deadline to protest the appraised value of your property has changed to May 15, or 30 days after a notice is mailed, whichever is later," a news release from BCAD states.
Protests must be postmarked by midnight May 15 unless the notice of appraised value was mailed to the property owner after April 16.
If you plan on protesting, property owners can file online through the BCAD website, but emailed protests are NOT accepted. They may also send a completed protest form to 411 N. Frio, P.O. Box 830248, San Antonio, Texas 78283-0248.
The protest form can be found on the BCAD website.
Property owners may file protests even if they do not receive a notice in the mail.
(KSAT12)