A Brief History of the Texas Property Tax
Property tax is the annual amount paid by property owners based on the value of their residential property or business. In Texas, the property tax is used locally to help pay for schools, streets, roads, police, fire protection, and many other services. Since Texas uses these property taxes to fund local communities, the state itself…
Read MoreHow the May 2022 Election in Texas May Affect Property Taxes
On May 7, 2022, voters in Texas will decide whether to lower some property taxes that fund schools in a special election. Property taxes are collected on residential and commercial properties to help fund cities, counties, school districts, and special districts. Because Texas does not tax on income, Texans are charged higher property tax rates…
Read MoreWhat to Look for in a Property Tax Lender
Getting a property tax loan in Texas can be a simple process completed in just a few days–if you’re working with the right lender. Property tax loans are different than many loan products on the market. Home mortgage loans, for example, require endless requests for documents, numerous inspections and appraisals, and long wait times for…
Read MoreUnderstanding the Texas State Property Tax Process
There are many great benefits of living in Texas, including no state income tax. However, Texas is known for having some of the highest property taxes in the country. Property taxes are collected on residential and commercial properties to help fund cities, counties, school districts, and special districts. There are several steps along the way…
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