Montgomery County saw a 31.4% growth in its appraisal values in the past five years, Montgomery County Chief Appraiser Janet Jennings-Doyle said during the county’s property tax workshop April 5 in Magnolia.

The preliminary value of new subdivisions in the county also rose, now at $1.7 billion, which is up from $1.47 billion in 2022, according to Jennings-Doyle’s presentation.

“This is just on new subdivisions,” Jennings-Doyle said. “This is not overall value. ... That gives you a glimpse of how well we are growing.”

Residential homes within Magnolia ISD’s boundaries also saw a 10%-15% increase in 2023 with the median average home costing $390,000, according to Jennings-Doyle’s presentation.

Jennings-Doyle’s presentation was the first part of the county’s property tax workshop, which also included Tammy McRae, Montgomery County’s chief tax assessor-collector.

McRae’s presentation at the workshop covered the property tax process.

“As a property owner, you’re responsible for paying taxes, as you all know, and you have a reasonable expectation that the taxing process will be fair and administered properly,” McRae said.

Property owners have until May 15 to protest their appraisal values with the certification deadline July 25.

In August and September, the country’s local taxing entities will adopt tax rates, and October is when property owners will start receiving their tax bills.

The last property tax workshop the county is hosting will take place from 6-7:30 p.m. April 11 at the Lone Star College Community Building, 5000 Research Forest Drive, The Woodlands.

View the Montgomery County Tax Office’s presentation below.