Potter-Randall Appraisal District just sent out property appraisals and we've been getting a lot of questions, so we wanted to go ahead and address those directly.
Do increased property valuations equate to increased taxes?
To put it plainly – No. While an increased property value would increase the taxed amount, it won't go up by the same percentage. "The increases in property appraisals being reported vastly overstate the average increases in property tax bills," according to Texas Real Estate Research Cent...
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