Denton County Property Taxes

/Denton County Property Taxes

Buc-ee’s Suit Against Denton Central Appraisal One Of Many In Broken Property Tax System

The new Denton Buc-ee's is already testing the waters of the two-tiered property tax system in Texas. Buc-ee's representatives already convinced the DCAD appraisal review board to chop over $850,000 off the initial appraisal last year, but apparently Buc-ee's feels the taxed value of the new Denton store is still too high, thus the suit in Denton County District court. This is just the tip of the iceberg when it comes to the efforts of business and industry as they buy justice at the local CAD. County records show 170 active cases against the Denton [...]

Denton TX Property Taxes Soar As Homeowners Confront Fed Propaganda

Collections from Denton TX property taxes will likely hit record highs this year. When you receive your property tax bills in the mail, be sure to thank the Federal Reserve. After years of goosing asset prices higher, particularly property and stock prices, just about every piece of real estate in Denton TX and Denton County has risen in value. This is not rocket science. There is no mystery behind what drove the price increases. If you are a beneficiary of home price appreciation and you are fortunate enough to sell, cashing in on the gains [...]

Denton County Home Prices Hit New High In March As Sales Cool

Denton County home prices hit a new record high in March with the average price of a Denton County home posting at just over $360,000. Median home prices for Denton County also hit a new all-time high rising to almost $320,000. That was a jump of 8 percent from March of last year. While home prices throughout the DFW area were hitting new highs at the end of the first quarter, actual closed sales of homes declined 5 percent in March. Denton County saw a similar 5 percent decline in home closings for the month. [...]

Denton County Real Estate 2018: All Eyes On The Fed

As we embrace the new year, and the freezing temperatures that arrived with it, Denton County real estate prices continued to climb higher as sales continue to grow at a measured pace. The housing boom seen during the last 4-5 years has been impressive by any standards. As the Fed continues its much anticipated balance sheet "normalization", there is a lot at stake for local real estate markets.  The U.S. housing market is now heavily dependent on Fed stimulus, in the form of artificially depressed mortgage interest rates, and the artificial "wealth effect" created by [...]

Tax “Reform” Makes Denton County Property Taxes Even Less Appealing

The Tax Cuts And Jobs Act was signed into law this week, and a significant portion of your Denton County property taxes may no longer be deductible under the new law in 2018. Aside from being one of the worst researched and most ill-conceived pieces of legislation in modern history, the new tax bill is very favorable to corporate America. Unfortunately the new tax "reform" is not exactly friendly to home ownership. It remains to be seen how the new tax law will affect DFW area home prices, but the new rules certainly don't favor [...]

Senate Bill 2 Insufficient Fix For A Broken System

After numerous meetings throughout the state taking copious amounts of public input through the Committee on Property Tax Reform and Relief, Paul Bettencourt has filed Senate Bill 2 dubbed the Texas Property Tax Reform and Relief Act of 2017. Among other things, the bill would require cities and counties to ask for voter approval for any property tax hike greater than 4 percent. More interestingly, the bill will not affect school district taxes. School property taxes make up roughly half of the property tax bill for Texas homeowners. This bill would do nothing to lower [...]