If you’re like every other homeowner in Texas right now, you’ve looked at your property tax bill and then promptly put it back down just in case the numbers might change if you pretend you never opened the envelope.

Per state law, all homeowners are protected by a 10% appraisal cap — any appraisal increase above 10% is exempt from taxation — a provision put together just for a situation like today’s real estate market.

There’s support among lawmakers for helping Texans with the costs of property taxes as the housing market booms. The question is how that will be done.

Texas’ real estate market is experiencing record-breaking growth and home prices are skyrocketing.

The City of San Antonio will likely reduce its property tax rate and increase its homestead exemption as part of its annual budget process, officials said Wednesday.