Property Tax Lawyers in Keller

The law of Keller, Texas says that everybody who owns real property has to pay taxes on it. The term "real property" refers to land and buildings, as well as anything affixed to the land, like trees and natural resources.

Property tax in Keller, Texas is determined by taking a percentage of the appraised value of the property in question. They are normally collected on an annual or monthly schedule.

In general, the federal government does not impose any property tax. Usually, property tax is imposed by state, county, and municipal governments.

How Property Tax is Calculated in Keller, Texas

Normally, Keller, Texas property taxes are decided as a percentage of the property's value. Tax rates differentiate widely, but they usually run from less than 1% up to about 5%.

In order to levy this tax, the tax authorities in Keller, Texas must have an uniform formula for figuring out the value of a particular piece of property.

In some ways, value is a subjective thing. For instance, the home in which you grew up is probably worth far more to you than its market value. To get around this, the government uses nothing but objective factors in deciding how much a piece of real property is worth.

To this end, the Keller, Texas appraiser will look at things like the state of the real estate market, the size of the land, the existence of additions to the land such as buildings, and the way in which the property is zoned.

How A Keller, Texas Property Tax Attorney Can Help.

In Keller, Texas, property taxes can become pretty intricate. Legal disagreements can arise in the property tax context, even if there is no wrongdoing, and the dispute arises from an honest misunderstanding. You might have a good reason to suspect that a mistake was made when your property was appraised, resulting in a higher tax bill than you believe you legally owe, for instance.

If one of these contentions affects you and your property in Keller, Texas, you should make every effort to correctly handle it. This can keep small issues from growing into large ones. The best way to do this is to seek the advice of a seasoned Keller, Texas tax attorney who concentrates in property tax law.