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Taxable Property Values


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                                                                                                                          City Profile


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               Warning Trend:  Declining growth or drop in the value of property




            Total Taxable Valuation*

            The property value comparison for several fiscal years indicates continued growth in property values.
            Over time, the certified tax roll values have increased steadily; however, 2021 values were relatively flat
            over 2020. The reflected values include new property added to the roll as of January 1 of each year.
            It’s important to note that as property values have risen, the City has adjusted the property tax rate to
            provide tax relief to Southlake property owners.


                    Fiscal Year         Total Taxable Valuation       Fiscal Year         Total Taxable Valuation

                      2013                  $5,331,182,997               2020                  $7,769,729,082
                      2014                   $5,494,514,119              2021                 $7,768,644,007
                      2015                  $5,680,109,441               2022                  $8,220,731,143
                      2016                  $5,785,322,918               2023                 $9,064,721,083
                       2017                 $6,368,901,046               2024                $10,564,623,953
                      2018                 $6,662,494,784                2025                 $11,275,255,717
                      2019                 $7,286,898,962                2026                 $11,718,045,212

               *Net Southlake Tax Increment Reinvestment Zone #1

                                                                           FY 2026 City of Southlake  |  Budget Book   105
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