The July 1st Deadline Has Passed, and You Still Owe a Lot, Now What?

If you missed the July 1st property tax payment deadline in Texas, you’re not alone and you still have options.

Every year, thousands of property owners fall behind on their tax bills, whether due to financial hardship, confusion about deadlines, or simply being overwhelmed. Unfortunately, once July 1st hits, things can escalate quickly: penalties, interest, and even the risk of foreclosure can follow.

At Johnson & Starr, we specialize in helping Texas property owners find solutions fast. Here is what you can expect moving forward.

What Happens After July 1?

Here’s what you can expect now that the deadline has passed:

• Penalties and Interest Continue Adding Up: Your taxing entity adds up to 41.6% in penalties, interest, and collection fees by the time your delinquent tax amount reaches July.
• Collections May Begin: Your county tax office may begin aggressive collection efforts or refer your account to attorneys for enforcement.
• Risk of Foreclosure: Left unresolved, unpaid taxes can result in a tax lien lawsuits and even foreclosure, meaning you could lose your property.

What If I Owe a High Amount – More than $50,000?

There aren’t any special county procedures for higher debt amounts, but having a large amount of debt does carry some additional risks.

• If you owe more in property taxes than 20% of the value of your property, you may be more limited in lending options. It’s important to act quickly.
• A large amount of debt may influence your county or taxing entity to take legal action more rapidly. Foreclosure may start to seem like the best option for them to collect on their debt.
• High value properties may qualify for additional lending flexibility, not just from property tax lenders, but from private lenders as well.

What You Can Do Right Now

If you’re behind on your property taxes, don’t wait for the letters to pile up. Take action quickly.

• Understand What You Owe: Get a clear, current statement from your county tax office.
• Don’t Ignore the Notices: Communication is key to avoiding costly legal consequences.
• Get Expert Help: Johnson & Starr works with property owners like you to develop flexible and manageable loan terms to help safeguard your most valuable assets.

We Help People with Large Property Tax Debt

If your tax bill is over $50,000, you may feel like you’re out of options, but Johnson & Starr helps clients in that situation every day. From commercial property to inherited land, our team is experienced, responsive, and ready to guide you through this.

Reach out today for a free, no-obligation consultation. Call us at 888-508-3894 to learn more about our Texas Property Tax Loans. Time is critical, and peace of mind starts with a single phone call.