We believe it
Some people believe assessment values for a residential homestead in Texas cannot be increased more than 10% in any one year. Right or Wrong?
Answer: Wrong. The 10% limitation is an annual limit dating from the latest reappraisal. If that reappraisal occurred two years ago, your new value can exceed last year
Inequality is complicated but it’s worth the effort because it applies after Market Value has been determined, not before.