Taxes in Texas Every spring, Texas homeowners get their property appraisal notice… and for a lot of people, it’s a shock. If your home value jumped this year, you’re probably wondering: Does this mean my taxes are going way up? Maybe. But here’s the good news—you have the right to challenge it. First, Let’s Clear Something Up The appraisal district does NOT set your tax rate—they only estimate your home’s value. Your property taxes are based on: Your home’s appraised value Th