Did you receive your Property Tax Statement from your Appraisal district? Are you thinking of protesting/Challenging the property value received from CAD? See below for some helpful things on how to prepare yourselves for this. Go to https://dentoncad.com Search for a property Analyze your property details like below (may be more other details) Most of the details are known, if you see your property is appraised more than 10%, then you would see ' Homestead Cap ' value, which is calculated like below. Eg., Property Value ( 2017 ) - $450,000 Property Value ( 2018 ) - $510,000 [450,000 * 110% = $ 495,000 ]. In the above example, property value has been appraised more than 10% (above $495,000), so homestead cap will be $510,000 - $495,000 = $15,000.00. Year Property Value Homestead Cap Taxable Value 2017 $450,000 NA $450,000 2018 - Sample1 $495,000 ...
