Property values rise across Shackelford County
Certified Estimates of Value were released to the Shackelford County tax units May 1 as required by state law, according to interim Shackelford County chief appraiser Richard Petree.
“Overall estimates have increased by 8.75%, mostly driven by local housing increases,” Petree said. “The desire for homes in the area remains high, and the values of better quality homes have risen well over sales prices of $100 per square foot of living area.”
Petree said that the appraisal district’s new appraiser, Adam Ray, has been working to find homes not on the roll in prior years as well as new construction. The discoveries have added $32 million to the 2025 appraisal roll.
The tax office expects to mail notices around May 9 to all property owners whose value is proposed to increase more than $1000. A protest form will be included for taxpayers’ convenience.
“If a person feels that their property will not sell for the estimated value, they may file an appeal with the appraisal district and will be given the opportunity to come in and talk with an appraiser,” Petree said. “The district will share recent sales data with taxpayers explaining why their property increased.”
Taxpayers may bring in evidence as to why they believe their property would not sell for the estimated value. Petree explained that if an agreement can be reached, the account is settled for the year. If not, taxpayers have the right to appear before the Appraisal Review Board, a group of local citizens appointed by the District Judge, who will hear their case.
A total of 438 homesteads in Shackelford County have over-65 exemptions and will not see their taxes increase regardless of the value increase with the exception of the hospital district tax. All other tax units have approved a cap or ceiling on these homesteads.
Additionally, 457 regular homesteads are protected from increases of more than 10% annually even though the value may rise by a larger percentage.
“All real estate is limited to a 20% increase annually if valued at less than $5 million,” Petree said. “The exceptions to these limitations are for newly constructed properties and new ownership.”
Local taxing entities will be provided with the certified numbers in July, after which they will begin setting tax rates.
