Commercial Property Tax in Dallas TX

For commercial properties (multifamily, office) in Dallas-Fort Worth, is property tax calculated based on a county tax assessment, or is it based at all on the purchase price?
  • July 17 2012 - Dallas
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Answers (3)

Hi Ross,

Thats correct that the appraisal value determines the tax assessment.
You can look at the county tax record at www.dallascad.org to check it out

Thanks

Dixon
  • October 15 2012
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Ross, 

The appraisal value determines the tax assessment. However, once a property is purchased and if it is purchased below the tax assessed value for the county, the HUD-1 can be taken down the the appraisal district and filed for your tax value to be lowered. There are many efficient ways to get your taxes lowered quickly by knowing the ins and out of how to do that. 

Jordan Zitoun [deleted by Zillow moderator. Please see our Good Neighbor Policy for posting guidelines]

Also let me know if you need help finding multi-family as I do have ways of accessing properties not on loopnet, co-star, mls, ect. I am also a paid subscriber to all of these sites so I do have access to all listings. 
  • August 10 2012
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It is based on the tax assessed value.  Be aware that the appraisal district in Dallas have access to the MLS so they will know how much you purchased the property after you close or you can ask your Realtor to make it a "Z" value which means it becomes private.  In that case the appraisal district can assess the property at the list price.

Check out the DCAD website for protest procedures if the value ends up being much higher than your purchase price.

Naima
  • July 18 2012
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