Rockwall Central Appraisal District will mail 2023 property tax statements October 18, 2023.
The tax statements will be live on Rockwall CAD’s payment portal the same day. There have been many questions regarding tax statements since the passing of recent property tax legislation. Below are a few of the questions and answers.
Will I need to do anything to receive the savings for 2023?
No, property owners do not need to file any documentation with our office.
When will the $100,000 homestead exemption go into effect?
2023 Property Tax Statements have been calculated with the $100,000 homestead exemption in place.
What is the amount of savings that property owners will see?
Savings will vary based on the value of each property. The mean taxable homestead value for 2023 in Rockwall County is $410,000. In relation to that value, the average savings on a homesteaded property will be between $1,400-$1,500. There are many factors that will cause the average savings to vary.
What happens if property tax legislation does not pass in the November 7, 2023, election?
If Proposition 4 authorizing the Legislature to provide property tax relief measures does not pass on November 7th, supplemental bill must be sent for the tax difference between the current $40,000 homestead exemption and the proposed $100,000 homestead exemption.