HCAD: Property-value notices on the way to Harris County homeowners

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by KHOU.com staff

khou.com

Posted on March 16, 2012 at 11:02 AM

HOUSTON – The 2012 property-tax season has officially begun, and the first wave of notices of residential values will begin hitting mailboxes in Harris County Friday, Chief Appraiser Jim Robinson said.

More than 900,000 property -owners will receive their notices over the next three weeks.

Commercial-property notices will be sent out in late March, April and May.

Robinson said taxable values are projected to increase just over 2 percent from 2011, but the outlook for 2012 remains mixed.

"Thirty percent of the residential properties in Harris County will show a further drop in values, and about 60 percent of the homes will remain the same," Robinson said. "Fewer than 10 percent of the homes in Harris County will have an increase in property value for 2012."

Yet, the values of commercial, industrial and apartment properties are all beginning to show strong signs of economic recovery, according to Robinson. These three categories of properties are expected to increase between 6-11 percent, fueling the overall increase of 2.3 percent in the county’s projected values.

Property owners may begin the protest process immediately after they receive their notices.

While there is a protest form included in the packet, Robinson encourages property owners to use the district’s online iFile program.

Residential property owners have an early protest deadline of April 30, but they and all real property owners who believe an error has been made have until May 31 to file a notice of protest with HCAD. Property owners who are mailed a value notice after May 1 will have 30 days from the date of notice to file a protest, even if that date is past May 31.

Click here for information on the iFile program.

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