Wise County Appraisal District - Total Tax Parcels / Values
Wise County Appraisal District increased the value of taxable property from $10 billion in 2015 to $14 billion in 2021, a 36% increase. The increase of $3.77 billion in the market value of Wise property is estimated to increase property taxes by $101 million during 2015 to 2021, based on a 2.7% tax rate. Wise County has about 215,900 tax parcels. An increase of $101 million in property taxes equates to $472 per tax parcel. Wise County Appraisal District is paid by tax entities and has no citizen representation. Even the playing field by hiring an expert to represent you. Enroll in the Property Tax Protection Program(TM). No fee to enroll. No flat fees. No upfront costs. No fee ever unless we reduce your property taxes that year. Just enroll, relax and save.
Total Number of Parcels in DistrictSource: Texas Comptroller, compiled by O’Connor, and not affiliated with any appraisal district.
| Millions | ||||||||||||
| 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | ||
| Total Number | 0.2226 | 0.2288 | 0.2143 | 0.2152 | 0.2738 | 0.2363 | 0.2148 | 0.2159 | 0.2809 | 0.2802 | 0.2793 | |
| Parcels Appraised | 0.2226 | 0.0452 | 0.0455 | 0.2152 | 0.2112 | 0.2363 | 0.2148 | 0.2159 | 0.2809 | 0.2802 | 0.2793 | |
Texas property owners should protest annually since About half of Texas properties are assessed at 100% of market value or higher based on data from the Texas Comptroller.
Wise County Appraisal District Tax Parcels
The Wise County Appraisal District (Wise CAD) attempts to: 1) identify all real and personal property, and 2) then value each parcel. Their primary mission is to divide the property taxes paid to entities in the county as accurately and equitable as possible. Wise County Appraisal District had 215,900 tax parcels in 2021 and 8 appraisers to value them and conduct tax protest hearings. That works out to 26,988 tax parcels per appraiser.
Wise County Appraisal District has a lean level of staffing. We estimate about 25% of appraisal district appraisers work on valuation while the balance work on measuring new property and other inspections. We further assume the appraisers have 3 months or 66 days to complete valuations. Based on these assumptions, an appraiser at Wise County Appraisal District completes 1,636 valuations per day during the valuation period. The high pace of valuation per day is illustrative of the difficulty of accurately and uniformly valuing all 215,900 properties in Wise County.
Wise CAD Total Number of Parcels in District
Property tax values must be revalued by the Wise County Appraisal District at least every three years. Following is a summary of the total number of parcels and the number revalued annually.
In 2021, Wise CAD valued 215,900 (100%) of the 215,900 tax parcels in Wise County.
Market Value All Property in Wise CountySource: Texas Comptroller, compiled by O’Connor, and not affiliated with any appraisal district.
| Billions of $ | ||||||||||||
| 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | ||
| $ Total market value | 10.150 | 10.503 | 10.145 | 9.787 | 8.175 | 12.961 | 12.842 | 14.278 | 18.284 | 22.449 | 22.537 | |
| Single Family | 2.713 | 1.956 | 2.177 | 2.398 | 2.843 | 3.242 | 3.590 | 4.230 | 5.329 | 6.813 | 7.411 | |
| Multi-family | 0.025 | 0.026 | 0.033 | 0.040 | 0.046 | 0.050 | 0.054 | 0.065 | 0.086 | 0.112 | 0.142 | |
| Commercial | 1.281 | 1.247 | 1.157 | 1.068 | 1.125 | 1.311 | 1.415 | 1.481 | 1.734 | 2.080 | 2.346 | |
| All Other | 6.132 | 7.274 | 6.778 | 6.281 | 4.162 | 8.357 | 7.784 | 8.502 | 11.134 | 13.444 | 12.638 | |
Texas property owners should protest annually since To support neighbors’ appeals for unequal appraisal.
Wise County - Total Market Value for All Property
The Wise County Appraisal District is required to provide a value for all real property and business personal property in Wise County annually. This initial guesstimate is subject to appeal annually, regardless of whether the value rose, was flat or fell. Wise County property values by category are summarized in the graph.
The value of all taxable property in Wise County was estimated at $14 billion in 2021 versus $10 billion in 2015. The value of houses as estimated by Wise County Appraisal District was $4 billion in 2021 versus $1 million in 2015. Houses accounted for 30% of the Wise tax roll in 2021 versus 10% in 2015.