Property Tax Protection Program™

Save money on your property taxes! O'Connor takes all the effort to reduce your property
taxes for all your accounts each and every year.
We make property taxes one and done.

Total Market Value Hood CountySource: Texas Comptroller, compiled by O’Connor, and not affiliated with any appraisal district.

Billions of $
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
$ Total Market Value 6.851 6.991 7.339 8.044 8.430 11.034 9.871 10.430 13.599 16.242 17.053
Single Family 2.996 3.045 3.687 3.517 3.810 4.387 4.750 5.268 8.568 10.141 10.509
Multi-family 0.064 0.065 0.070 0.081 0.089 0.121 0.130 0.135 0.179 0.214 0.303
Commercial 0.686 0.743 0.852 0.853 1.332 0.376 0.972 0.947 1.186 1.264 1.195
All Other 3.105 3.138 2.731 3.594 3.198 6.151 4.019 4.080 3.666 4.623 5.046

Texas property owners should protest annually As part of maintaining their property, like a HVAC checkup.

Hood County Property
Tax Trends

The Hood County Appraisal District is responsible for valuing all real estate and personal property in the county. Property owners and property tax consultants then review the values and dispute excessive values. Here are graphs that represent the total value of property in Hood County and the total property tax reductions achieved through the appeal process.

Hood County Total Market
Value of Property

Hood County Appraisal District attempts to accurately value real estate and personal property. Following is a summary of the total values by type.

Hood property tax assessments are alloted 51% to single-family, 1% to multifamily, 7% to commercial and 41% to all other types (BPP, utility, industrial and oil and gas), according to Hood County Appraisal District. The total value of all types of property is $10.42 billion in 2021 according to Hood CAD.

Property Value Reduction By Type of Appeal Source: Texas Comptroller, compiled by O’Connor, and not affiliated with any appraisal district.

Billions of $
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Total 0.119 0.071 0.099 0.128 0.129 0.153 0.210 0.144 0.127 0.103 0.06
Informal Appeal 0.034 0.041 0.054 0.067 0.020 0.023 0.021 0.020 0.023 0.019 0.017
Formal ARB Determination 0.0840 0.0290 0.0430 0.0560 0.1040 0.1270 0.1510 0.0840 0.0810 0.0770 0.0220
Judicial Appeal 0.0010 0.0010 0.0020 0.0060 0.0050 0.0030 0.0370 0.0400 0.0240 0.0080 0.0160

Texas property owners should protest annually since Texas law requires property owners to protest to get information on their property and comparable sales in the area. This information is free and available upon request via U.S. mail (once you file a protest).

Hood CAD Value Reduction By
Type of Appeal

Texans should appeal every property every year. This is because it is impossible for the appraisal district to accurately and equitably share the tax burden of Hood County. There is no cost to appeal and about 65% of appeals are successful.

Hood property tax assessment reductions for informal, formal (ARB) and litigation rose from $124 million in 2015 to $143 million in 2021, a 15% decrease. The 2021 assessment reductions were achieved in informal hearings ($20.47 million), formal / ARB hearings ($83.58 million) and litigation ($39.51 million)..

Total Property Tax Savings All Protests and AppealsSource: Texas Comptroller, compiled by O’Connor, and not affiliated with any appraisal district.

Millions of $
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
All Property Types 2.50 1.50 2.07 2.69 2.71 3.22 4.41 3.01 2.67 2.16 1.15
Single Family 0.47 0.23 0.29 0.39 0.29 0.58 0.47 0.32 1.20 0.54 0.28
Commercial / All other 2.03 1.27 1.78 2.30 2.42 2.64 3.94 2.69 1.47 1.62 0.87

Texas property owners should protest annually since Because it is the surest way to reduce property taxes.

Total Hood CAD Property Tax Savings
By Property Type

The next graph shows the estimated total property tax savings (based on a 2.1% tax rate and no exemptions), based on informal hearings, written ARB determinations and Judicial Appeals combined.

Hood property tax savings, based on hearings at the Hood County Appraisal District, were awarded 89% to commercial / other ($3.46 million) and 11% to single-family ($413,184), for a total of $3.87 million in 2021 property tax savings.

TERMS/ DISCLAIMER

This website makes data obtained from third parties available in various formats, including graphs and charts. You acknowledge and agree that the data presented on this site is not created or endorsed by O’Connor. The information presented is for general informational purposes only and is not intended to provide tax or legal advice. You acknowledge that the information provided to you is obtained from sources believed to be reliable and that no guarantees are made as to its accuracy, completeness or timeliness. You agree not to hold O’Connor liable for any decision made based on your reliance on or use of such information or data, or any liability that may arise due to delays or interruptions in the delivery of the information or data. There is no warranty of any kind, express or implied, regarding the data presented on this site.