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The median value of a house in Texas is $238,000, a jump of $35,400 from last year's median value, according to WalletHub's 2024 property tax report. With an effective real estate tax of 1.63% ...
“The largest property tax cut in Texas history has passed thanks to Texans who made their voices heard at the polls today!” Gov. Greg Abbott said in a social media post.
Legislation passed this month would raise the state’s homestead exemption to $100,000, lower schools’ tax rates and put an appraisal cap on residential and commercial properties, among other ...
The Texas Tax Reform Commission (TTRC) was created by Texas Governor Rick Perry in 2005 to modernize the state tax system and provide long-term property tax relief as well as sound financing for public schools. Upon the Commission's creation, Governor Perry requested that the "ultimate recommendations on reforming the state tax structure focus ...
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Jul. 19—State Sen. Kevin Sparks says the property tax cut package just passed by the Texas House and Senate in Austin will increase school districts' homestead exemption from $40,000 to $100,000 ...