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Big Spring Property Tax Trends & Savings Opportunities

 

Big Spring Property Tax Statistics

Big Spring Property Taxes are exploding at a rate much faster than CPI + population growth. Between 2003 and 2023, Big Spring property taxes grew by 202% while CPI + population grew at only 65%. Stated differently, the rate of property tax growth was 211% faster than the rate of population + CPI.


Big Spring property taxes per capita are favorable to peer Texas cities. Big Spring per capita property taxes grew from $111/ person to $343/ person between 2003 and 2023, a 209% increase. Per capita property taxes from 2003 to 2023 grew by 178% in Kingsville, and 119% in Corsicana. University Park grew by 91% and Colleyville by 85%.

Yes, O’Connor can help you reduce your property taxes

·         Yes – there is NEVER a fee unless we reduce your property taxes

·         Simple on-line enrollment in just 2 or 3 minutes

·         We do all the work and you just share in the savings. We file the protest and attend the hearing. No flat fee; just pay half of first year property tax savings

·         Personalized concierge service site visits

·         O’Connor saved clients over $213 million in 2025!

Texas property tax rates have finally begun to compress due to SB 2 passed in 2019. Big Spring property tax rates fell from 69% in 2003 to 63% in 2023, it decreased 9%. Tax rates decreased by about 27% in University Park, and 26% in Colleyville during the same period. Corsicana decreased from 60% to 45% but Kingsville increased from 69% to 76%.

What is tax rate compression? It is the property tax reform in Texas that results in reduction of tax rates by certain entities, allowing for an overall lower property tax rate for property owners. This should occur in most cities even as assessed values drive upward.

Here is what you can do! File protest on your property taxes annually. About 60 to 80% of tax appeals are won by the property owner. Howard County Appraisal District property owners who appealed their property taxes in 2020 typically saved money.


ENROLL TODAY 
In the Property Tax Protection Program™

Your property taxes will be aggressively protested every year by one of the largest property tax consulting firms. If your taxes are not reduced you PAY NOTHING, and a portion of the tax savings is the only fee you pay when your taxes are reduced! Many FREE benefits come with enrollment.

Let experts fight your property taxes for you. You only pay if real savings are delivered. To learn more - https://www.poconnor.com/big-spring-property-tax/

 

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