The Texas real estate market is red hot, and your recent property appraisal likely reflects that. The average selling price of a home in Texas in 2021 was up 18%, and substantially higher in some areas. Property taxes in Texas are high enough, and the prospect of an 18% or more jump in that tax…

Billions of dollars in investment are being targeted at Central Texas. The projects all have something in common: They are seeking Chapter 313 incentives from local school districts. How does the program work, and why are we seeing so many applications all of a sudden?

Craymer said the role of state government is indirect at best when it comes to property taxes because rates are set locally and not by the governor or Legislature.

Tax rates across the state are now dropping, and tax bills, though rising, are increasing at their slowest rate in years — well below the growth rate of Texans’ personal income and inflation.

“It is a victory,” Dale Craymer, president of the Texas Taxpayers and Research Association, said during an interview on Capital Tonight.  “The measure of that victory will be up to others to decide.”