Texas property valuations and taxes won’t be adjusted this year for Covid-19 impact: Make case for 2021 now

Texas property valuations and taxes won’t be adjusted this year for Covid-19 impact: Make case for 2021 now

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Travis County commercial property owners may have been expecting a break on their 2020 tax liability as a result of Covid-19, but many are finding themselves disappointed. While Covid-19 is hitting the real estate market, Texas property owners aren’t expected to get a break on their taxes, at least not this year. There are two reasons. First, appraisal districts set property values on Jan. 1, 2020, before the novel coronavirus had reached pandemic status. And second, Texas Attorney General Ken…

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