Q: When are property taxes due in Fannin County for the 2025 tax year?
A: Property taxes for 2025 are due by January 31, 2026. Some taxing entities may offer split payment options with installments due by different dates.
Q: What homestead exemptions are available and how do I apply?
A: The primary homestead exemption is $100,000 off assessed value for school district taxes. You must apply with the Fannin County Appraisal District by April 30th following the year you establish homestead. This is not automatic and requires filing Form 50-114.
Q: How does the homestead 10% assessment cap work?
A: For homestead properties, the assessed value cannot increase more than 10% annually, regardless of market value increases. This cap limits assessment growth but doesn't reduce current market value. You must have a homestead exemption on file to qualify.
Q: Are there additional exemptions for seniors or veterans?
A: Yes, residents 65 and older can receive additional exemptions and a tax ceiling that freezes school taxes. Disabled veterans may qualify for various exemptions based on disability rating. All require separate applications with supporting documentation.
Q: How do I appeal my property assessment?
A: You can protest your assessment with the Fannin County Appraisal Review Board. Informal protests can be filed starting in April, with formal hearings typically held May through July. The deadline is usually May 31st or 30 days after your notice of value.
Q: What are the penalties for late payment?
A: Texas law allows penalties of 6% in February, 7% in March, 8% in April, 9% in May, 10% in June, and 12% in July and thereafter, plus 1% interest per month.
Q: Can I pay my property taxes online?
A: Yes, most Fannin County taxing entities offer online payment options through their websites or third-party services. Check with your specific tax collector for available payment methods and any associated convenience fees.
Q: Why did my taxes increase when rates went down?
A: Even when tax rates decrease, your total tax bill can increase due to rising property assessments. The 10% homestead cap helps limit assessment increases, but new construction and improvements in your area can still affect overall tax calculations.
