Dallas County Property Tax Trends documents that Dallas County Appraisal District has experienced substantial growth in market value. However, the number of tax parcels has been flat. Large increases in assessed values have caused Dallas County residents to protest at about 150% of the statewide average of 10%. The market value of tax parcels has almost by half from $215 billion in 2013 to $322 billion in 2018. The number of tax parcels been risen slightly from 90,850 to 138,290 in 2018, a 52% increase. This site has details on number of tax protests, total market value, total taxes levied, value by type of property, number of judicial appeals, number of appraisal district staff, appraisal district budget and much more.
The market value of Dallas County taxable property rose from $215 billion in 2014 to 322 billion in 2018. This is a 49.8% increase over 5 years; 10% per year! These large increases are part of the impetus for Senate Bill 2, which caps taxes for school at 2.5% and cities / counties at 3.5% per year for existing property, plus the value of new construction.
Property tax savings from protest hearings at Dallas County Appraisal District (DCAD) have increased sharply: from $205 million in 2013 versus $440 million in 2018. Commercial accounts were reduced $403 million in 2018 versus residential accounts for $37 million. There are more residential accounts protested but the commercial accounts have a higher value. Dallas seems overly difficult for home owners given the large reductions awarded commercial property owners (10X the residential reductions).
The number of tax protests in Dallas Appraisal District increased by about half; from 90,850 in 2014 to 138,290 in 2018. Dallas County Appraisal District 2018 property tax protests include 79,490 residential and 58,800 commercial accounts. Residential accounts for 57% of the appeals but for 8% of the savings ($37 million out of $440 million in 2018).
Judicial appeals in Dallas County have been increased sharply over the past six years. The volume of Judicial appeals rose from 848 in 2012 to 1,938 in 2018, a 128% increase in six years. Property tax savings in Dallas County due to judicial appeals have been moderate given the size of the county. Most appeals are resolved without trial. Judicial appeal tax reduction were $0.9 billion in 2012 and $3.3 billion in 2018. Single-family savings accounted for 3% of the judicial appeal refunds.
The Dallas County Appraisal District budget rose from $21.5 million in 2012 to $27.5 million in 2018, a 8% increase over 7 years. This averages 4.0% annual increase in DCAD budget is less than the average rate of increase in appraisal district budgets.
The Dallas County Appraisal Review Board increased from 85 from 2012 to 102 in 2018.
The number of appraisers has been stable; typically 100 to 116 annually during 2013 to 2018.
2020 property tax deadline is May 15th; deadlines to protest are not extended due to Covid-19.
Visit Dallas County Property Tax Trends to learn more.
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