Options for Paying Property Taxes by the Deadline

Options for Paying Property Taxes by the Deadline

Property taxes in Texas are due by January 31st. If unpaid on February 1st the county will start adding penalties and interest. The penalty starts at 6% and the interest starts at 1% for a total of 7% being added on February 1st. The penalty and interest will increase...
Exemptions for Disabled Veterans

Exemptions for Disabled Veterans

In Texas, like homestead owners who are over the age of 65, property owners who are also Disabled Veterans have several property tax breaks offered to them. Exemptions help save money on property taxes by reducing the taxable value of the property. If you are a...
Property Tax Breaks for Seniors

Property Tax Breaks for Seniors

In general, if you fail to pay property taxes in Texas, there is a possibility of the county foreclosing on your property. Texas authorities calculate the property taxes by multiplying the tax rate by the house’s taxable value. Texas has 254 counties; every...
COVID-19 and the Impact on Property Taxes

COVID-19 and the Impact on Property Taxes

Covid-19 propelled the world into an uncertain and tumultuous territory causing many Texans to worry about their financial situations. Towards the beginning of the pandemic, Texas executed a state-wide lockdown forcing the majority of businesses to close their doors,...
Planning for a Property Tax Loan?

Planning for a Property Tax Loan?

You may have received your 2020 property tax bill from the county. If you have not, it will soon be mailed to you. The deadline to pay these taxes in full is by January 31st, 2021. What is your plan for paying them before the penalties and interest start being added?...