Reminder to Property Owners to look out for their 2017 Notice of Appraised Value

Each May the Appraisal District sends the Notice of Appraised Value for all properties listed on the appraisal records to the owner of record as of January 1st.  This year, the notices will be mailed on May 1. These notices are perhaps the most important piece of mail you will receive from the Appraisal District and it is important that property owners read and understand its contents.  The notices also usher in the phase of the tax calendar known as equalization—the time set aside in law for property owners or their authorized agents to address concerns related to the information on the notices.  If you are one of those folks that likes to stockpile your mail and wait till the end of the week or month to sift through and finally read it, you may want to slightly adjust that habit when it comes to this piece of mail.  If you wait too long, you just may have procrastinated away your right to dispute the notice.  Although you have the right to protest, the law is very clear on the deadline to exercise that right.  So please take a little time, open the mail and raise whatever issue you may have in a timely manner or early if possible.  Most issues are easily resolved provided there is sufficient evidence to allow a change.  The real estate market has experienced significant changes in our county over the last year or so and the impact of that change is indicated on each notice of value.  Areas of special concern are properties that transferred ownership in 2016 that were granted agricultural special valuation or certain exemptions.  New applications were sent to all new owners of those properties but not all have reapplied.  Please pay special attention to the notice and make certain it is what you are expecting.  If you do not receive your notice by May 7th, please call our office at 903-583-8701 to make sure we are reflecting the correct mailing address for the current property owner.  It is the property owner’s responsibility to update the Appraisal District in writing of their current mailing address.  For a more detailed outline of property owner options and additional information regarding this topic, please go to our webpage at and review the news release as well as links to the comptroller’s page.

Michael R. Jones, RPA, CTA, CCA

Chief Appraiser

Fannin Central Appraisal District