Property Tax Protection Program

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Total Number of Parcels in DistrictSource: Texas Comptroller, compiled by O’Connor, and not affiliated with any appraisal district.

Millions
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Total Number 0.0712 0.0706 0.0644 0.0702 0.0720 0.0708 0.0717 0.0700 0.0712 0.0705 0.0657
Parcels Appraised 0.0712 0.0482 0.0466 0.0702 0.0705 0.0708 0.0717 0.0700 0.0712 0.0705 0.0657

Texas property owners should protest annually since About half of Texas properties are assessed at 100% of market value or higher based on data from the Texas Comptroller.

Hood County Appraisal District Tax Parcels

The Hood County Appraisal District (Hood CAD) attempts to: 1) identify all real and personal property, and 2) then value each parcel. Their primary mission is to divide the property taxes paid to entities in the county as accurately and equitably as possible. Hood County Appraisal District had 70,015 tax parcels in 2021 and 10 appraisers to value them and conduct tax protest hearings. That works out to 7,002 tax parcels per appraiser.

Hood County Appraisal District has a lean level of staffingWe estimate about 25% of appraisal district appraisers work on valuation while the balance work on measuring new property and other inspections. We further assume the appraisers have 3 months or 66 days to complete valuations. Based on these assumptions, an appraiser at Hood County Appraisal District completes 424 valuations per day during the valuation period. The high pace of valuation per day is illustrative of the difficulty of accurately and uniformly valuing all 70,015 properties in Hood County.

Hood CAD Total Number of Parcels in District

Property tax values must be revalued by the Hood County Appraisal District at least every three years. Following is a summary of the total number of parcels and the number revalued annually.

In 2021, Hood CAD valued 70,015 (100%) of the 70,015 tax parcels in Hood County.

Market Value All Property in 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 17.054
Single Family 2.996 3.045 3.687 3.517 3.810 4.387 4.751 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 since To support neighbors’ appeals for unequal appraisal.

Hood County - Total Market Value for All Property

The Hood County Appraisal District is required to provide a value for all real property and business personal property in Hood County annually. This initial guesstimate is subject to appeal annually, regardless of whether the value rose, was flat or fell. Hood County property values by category are summarized in the graph.

The value of all taxable property in Hood County was estimated at $10.42 billion in 2021 versus $6.99 billion in 2015. The value of houses as estimated by Hood County Appraisal District was $5.26 billion in 2021 versus $2.99 billion in 2015. Houses accounted for 51% of the Hood tax roll in 2021 versus 43% in 2015.

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