Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Tax, SDIRAs & Cost Segregation
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 7 years ago, 08/16/2017

User Stats

37
Posts
13
Votes
Eric Lee
  • Investor
  • Dallas, TX
13
Votes |
37
Posts

Accurately estimating property tax

Eric Lee
  • Investor
  • Dallas, TX
Posted

Hi fellow BPers,

I'm new to real estate investing, and am looking into SFHs as rental properties in the Dallas area.  I'm trying to improve my methods for estimating expenses when analyzing deals, and I had a few questions related to property tax.

For example, when I look at a property on Zillow, I might see figures like this:

Why does Zillow show the property tax as the same each of the past 3 years, if the assessment value has risen?

In the MLS listing for this same property, it lists "Unexempt Taxes" as $3,173.

From the county website, I know tax in this area is 2.82%.  For this property I see an appraisal value of 148k, so the estimated 2017 tax is listed as $4174.

In general what is the method that you find the most reliable for estimating property tax?  I assume it would be the county website, but sometimes I can't find a recent appraisal value to use, so knowing the tax rate doesn't help.  In other cases I can see past years tax filings, but the owners sometimes have exemptions that won't apply for me, so I'm not sure how to factor that in.

Appreciate any advice you have to offer!

Loading replies...