Can I protest my property's value?
Property owners that are taxed based on the value of their property are able to protest the noticed value with the appraisal district that set the value.
Do I need to protest every year?
Your property value may fluctuate year to year depending on market conditions. Centex PTS will monitor your property values and protest when we believe the value is greater than what our evidence suggests.
What is the deadline to file my protest?
The deadline to file your protest is May 15th or 30 days after your notice is mailed by the district.
Do you protest commercial properties?
Yes, we enjoy protesting commercial properties and are actively trying to grow this side of our business.
Do you file BPP renditions?
Yes, we will file BPP renditions for you. This service is a flat fee of that will be incurred on the date we submit your rendition.
When are BPP renditions due?
Business personal property renditions have a deadline of April 15th. If the rendition is filed late, a penalty of up to 10% of the taxes may be incurred.
What evidence is helpful for lowering my value?
Any pictures of wear and tear to your property such as water damage, cracks in the foundation, etc. will be helpful in lowering the value of your property. Property that is leased to others can provide rent rolls, expense statements, and cap rate studies to help lower their valuation as well.
How do I sign up for your service?
Once you fill out the contact form, we will send you the AOA and our service agreement for you to sign. That is all you have to do. We will handle the rest.
What are your fees?
Owner's fee will be 35% of the property tax savings. The term "property tax savings" is defined and calculated as the difference between the initial assessed value of the property on the valuation notice and the final assessed value determined by the appeal, multiplied by the tax rate for the year of the appeal. For BPP rendition filing, we charge a fee of $150/hr.
What if I didn't file my protest in time?
You are able to file a 25.25D motion up until January 31st of the following year. Centex PTS does handle this form of protest, but the fee structure is slighlty different. Please shoot us an email if you would like more information regarding this subject.