Property Taxes

January 2, 2012

How to file for a homestead exemption

If you bought a home in Spring Texas in 2021, the first year you will be eligible for a homestead exemption is 2022. One of the eligibility requirements for the homestead exemption is you have to own the home on January 1st of the tax year. The benefit of a homestead exemption is it reduces […]
December 17, 2011

Understanding the Property Tax System

In Spring Texas, our property tax system is comprised of four stages: 1. Appraising the taxable property, 2. Reviewing and equalizing the appraised values, 3.  Adopting the tax rates and 4. Collecting the taxes. Appraising the taxable property – Residential properties in Harris County are appraised as of January 1st of the tax year. An appraised value and a market value is […]
April 27, 2011

Majority of Harris County home values remain unchanged for 2011

Do you think the Spring Texas real estate market improved last year?  If you think the real estate market was relatively unchanged last year, the Harris County Appraisal District (HCAD) agrees with you. The Harris County Appraisal District is the organization responsible for appraising all commercial and residential real estate in Harris County as of the first of each […]
February 23, 2011

What are the tax advantages of owning a home?

Are you looking for ways to cut your income taxes?  Do what 34.6 million taxpayers already do to cut their taxes. They own a home and deduct the interest they paid on their home mortgages. The mortgage interest deduction cuts their federal income taxes by a total of nearly $77 billion. What are the tax advantages of owning […]
January 28, 2011

Spring Texas Real Estate Taxes – Top 3 things you need to know

Top 3 things you need to know about Spring Texas real estate taxes: 1.  You did NOT file for your homestead exemption at closing.  Although you signed a pile of documents when you closed on your Spring Texas house, the homestead exemption form was not one of them.  You can only file for the homestead exemption between January 1st […]
January 8, 2011

How to file for a homestead exemption on your Spring Texas home

If you bought a home in Spring Texas in 2010, you have until April 30th to file for a residential homestead exemption. The homestead exemption will reduce the tax assessed value of your house which saves you money on your Spring Texas real estate taxes. There are additional exemptions available which may reduce your real estate taxes even further including […]
May 22, 2010

How to dispute your real estate taxes

If you haven’t filed a protest of your Spring Texas real estate taxes yet, you still can.  But don’t wait too much longer as the protest deadline is June 1st. Once you decide to protest the tax assessed value of your Spring Texas house, the next decision you have to make is do you protest the value yourself […]
April 15, 2010

How to protest Spring Texas real estate taxes

Today is April 15th.  The day the majority of us associate with as the day our income tax returns are due.  I am not going to write about income taxes.  Although I do have an accounting degree, I am not qualified to give advice on the many changes in the income tax laws.  What I am […]
February 19, 2010

What’s the value of the over 65 exemption?

Are you going to be turning 65 soon?  If so, you are probably already aware that you are eligible for Medicare.  But did you know you will be eligible for a reduction in your Spring Texas real estate taxes?  That’s right another reason to get excited about turning 65. Unlike the homestead exemption that comes with restrictions […]