Some areas in Dallas County have seen property values double in the past year, resulting in higher taxes for households in those neighborhoods.
On April 12, the Dallas County Appraisal District (DCAD) started sending out notices to homeowners about changes in their property value and the related tax responsibilities.DCADIf homeowners think their assessment is wrong, they can challenge it with the Appraisal Review Board, but they must do so by July 20. After that, the chief appraiser at DCAD will finalize the values for the current year.
DCAD has already updated its website with initial 2024 appraisals, but the final results won't be available until after the appeal period.
According to Dallas CultureMap, the neighborhoods east and west of central Dallas experienced the largest increase in property values.
Dallas CultureMap found that some homes in specific neighborhoods had substantial value increases, such as 822 Stewart Dr. in Oak Cliff (+$165,150) and 1915 Nomas St. in West Dallas (+$109,980). analyzed One property with a significant increase in value is 6877 Gaston Ave., which went up by +$409,010 compared to last year. The rise is mainly due to the soaring land value, which jumped +$632,680 in the past 12 months.
A DCAD representative explained that property appraisals are based on recent sales and that land values are adjusted based on neighborhood sales.
Homeowners who successfully contested previous appraisals may need to do so again, as there is no cap on market value, and each reappraisal is subject to change.
The Dallas Express reached out to DCAD Communication Director Cheryl Jordan for more information about the protest process and the chances of success, but did not receive a response by the time of publication.
Property values in certain parts of Dallas County have doubled since last year, making the accompanying tax increase much more burdensome for households in these neighborhoods. On April 12, the Dallas County Appraisal District (DCAD) began mailing notices to homeowners regarding changes to their property value and the associated tax obligation. If property owners believe […]
Homeowners who have protested past appraisals and successfully argued for their property valuation to be lowered will likely need to repeat the process. The DCAD representative explained that since there is no cap or limit on market value, each reappraisal stands on its own and is, therefore, subject to change.
The Dallas Express contacted DCAD Communication Director Cheryl Jordan for more information about the protest process and the odds of success but did not hear back by the time of publication.
