Residential and land Appraisal Notices were mailed on April 15, 2018. Value increases were seen in all major categories of real estate.
Residential property increased just under 17%. Vacant rural land increased 11.5%. Rural homesteads increased the most at 21.6%. Oil and gas accounts increased 18%.
Property owners who disagree with the appraised value of their property, the exemptions, or any other action by the Appraisal District have the right to appeal to the Appraisal Review Board of Milam County. The notice of appraised value includes instructions on how and when to file a protest, a protest form, and the Comptroller’s Property Taxpayer Remedies.
The deadline for protest is included on each appraisal notice.
Commercial, Personal Property, and Industrial notices are expected to go out on or around May 1st.
Please see the link below to read the news release in its entirety: