Dallas-Fort Worth Real Estate Investor Club

2022 Property Tax (Tarrant/Denton)

  • 15 Jan 2022 11:32 AM
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    Message # 12265104
    "Ken" Higuchi

    Hi,

    I have an investment property (Single Family, Townhouse) purchased in June 2019.  The property is a new construction. I have good renter who continue renting for coming years.

    The property tax (Tarrant and Denton) was unchanged in 2020 and 2021 since the counties did not change the appraisal value for the property.

    However, the current inflation/housing FMV hike will change the property tax.  The appraisal value is taken at Jan 1, 2022 will the basis of property tax.

    How do I estimate the 2022 property tax?  

    I found the 2022 budget for Denton and Tarrant Co regarding tax rate.  Then, my ultimate question is how to translate from market value I find in Zillow into Appraisal value? 

    Thank you so much.

    2 files
  • 15 Jan 2022 6:26 PM
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    Reply # 12266326 on 12265104
    Robin Carriger (Administrator)

    I can't say much about Denton Co, because I haven't dealt with them.  However, Tarrant Co has this Tax Estimator tool that can be somewhat useful.  Of course, since 2022 tax rates won't be finalized/released before October, it will only give you an estimate based on your inputs and 2021 tax rates.
  • 17 Jan 2022 2:35 PM
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    Reply # 12272095 on 12265104
    "Ken" Higuchi

    Thank you Robin.

    Could you please send the link again.  The link you provided lead to tax account, not tax estimator.
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