The normal protest deadline is May 15 th. There is no cost to file a protest with the McLennan County Appraisal District. McLennan County property owners are strongly encouraged to reduce their property taxes by appealing property taxes annually. How Can You Make Sure You Are Not Overtaxed?
In fact, incredible, 346 houses were assessed at more than 130% of market value! That’s right, 346, or 8.9% of the houses in the sample were assessed at more than 30% in excess of the fair market value based on a recent sale. For example, there are 781 houses (20.1%) assessed at more than 110% of market value and 485 houses (12.4%) valued by McLennan County Appraisal District above 120%. Of these, 1,644 houses (42.3%) were assessed at more than 100% and 2,238 of houses (57.6%) were assessed below 100%. There were a total of 3,882 houses in the study. Many houses are well above or well below this level. Most Houses are Not Valued Accurately in McLennan County
The median assessed value in 2020 in McLennan County for houses is 97.06%, based on a ratio study of 20 3,882 home sales prepared by O’Connor. The median defines the number for which an equal number of records are above and below this level. Overall the average value is close to 100%. McLennan County Appraisal District is responsible for accurately valuing the houses in McLennan County.