Loading...
HomeMy WebLinkAbout2459 08-17-2026ORDINANCE NO. 2459 AN ORDINANCE ADOPTING THE TAX ROLL FOR TAX YEAR 2026 FOR THE CITY OF EULESS, TEXAS; PROVIDING A SEVERABILITY CLAUSE; AND PROVIDING AN EFFECTIVE DATE. WHEREAS, Tarrant Appraisal District is responsible for the property tax appraisal and exemption administration for the City of Euless; and WHEREAS, on the 24th day of July 2026, Tarrant Appraisal District provided the City with the Certified Appraisal Roll effective for the 2026 tax year; and WHEREAS, the Certified Appraisal Roll established the net appraised value of certain tracts of property located within the corporate boundaries of the City, taking into consideration any partial exemptions allowed to property owners; and WHEREAS, the City Council has adopted and levied a tax rate applicable to property located within the corporate boundaries of the City; and WHEREAS, Tarrant County, as the tax assessor for the City, has calculated the tax roll for the City based on the adopted tax rate; and WHEREAS, the City Council finds it is in the best interests of the City and the owners of those specific tracts to accept the tax roll as presented. NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF EULESS, TEXAS, THAT: SECTION 1. The tax roll for tax year 2026 for the City of Euless, Texas is hereby approved as shown in "Exhibit A." SECTION 2. SEVERABILITY CLAUSE. It is hereby declared to be the intention of the City Council that the phrases, clauses, sentences, paragraphs, and sections of this Ordinance are severable, and if any phrase, clause, sentence, paragraph, or section of this Ordinance shall be declared unconstitutional by the valid judgment or decree of any court of competent jurisdiction, such unconstitutionality shall not affect any of the remaining phrases, clauses, sentences, paragraphs, and sections of this Ordinance, since the same would have been enacted by the City Council without the incorporation in this Ordinance of any such unconstitutional phrase, clause, sentence, paragraph or section. SECTION 3. EFFECTIVE DATE. This Ordinance shall become effective from and after its date of passage. PRESENTED AND APPROVED at a regular meeting of the Euless City Council on August 17, 2026, by a vote of 7 ayes, 0 nays, and 0 abstentions. APPROVED: Tim Stinnefor• ayor ATTEST: Kim Sutter, RMC, MMC Cit Secretary/Chief Governance Officer APPROVED AS TO FORM: City Attorney Ordinance No. 2459, Page Page 2 of 13 TARRANT APPRAISAL DISTRICT Exhibit A APPRAISAL TOTALS Run ID: 4995 Type: Adjusted Certified Totals Year: 2026 As of Roll Correction: 1 Property Type List: All Taxing Unit List: All Taxing Unit Selection Type: All Mineral Company: Tag List: Property List: Custom Query: 7-24-2026 Ordinance No. 2459, Page Page 3 of 13 Generated: 7/24/26 6:15 PM Printed: 07/24/26 7:07:43 PM POWERED BY: TRUE PRODIGY Page 1 of 11 <trueprodigy.com> 2026 Adjusted Certified CITY OF EULESS 025 Totals NOT REAL PROPERTY & MFT HOMES Land HS Value Land NHS Value Land Ag Market Value Land Timber Market Value Total Land Value Improvement HS Value Improvement NHS Value Total Improvement Market Value BUSINESS PERSONAL PROPERTY Market Value OIL & GAS / MINERALS Market Value OTHER (Intangibles) Market Value TOTAL MARKET Ag Productivity Ag Loss (-) Timber Productivity Timber Loss (-) APPRAISED VALUE HS CAP Limitation Value (-) CB CAP Limitation Value (-) NET APPRAISED VALUE Total Exemption Amount NET TAXABLE TAX LIMIT/FREEZE ADJUSTMENT LIMIT ADJ TAXABLE (I&S) CHAPTER 312 ADJUSTMENT CHAPTER 313 ADJUSTMENT LIMIT ADJ TAXABLE (M&O) UNDER REVIEW (Count) (15,091) 986,469,636 731,447,798 1,881,969 0 1,719,799,403 3,177,277,830 3,394,078,657 6,571,356,487 8,291,155,890 (1,058) 1,103,289,189 (10,350) 1,099,525 (0) 0 (Total Count) (26,499) 9,395,544,604 1,479 1,880,490 0 0 9,393,664,114 95.2% 34,555,879 13,012,747 9,346,095,488 1,938,372,147 7,407,723,341 725,565,748 6,682,157,593 0 0 6,682,157,593 UNDER REVIEW (Count) (66) 3,446,733 5,971,161 0 0 9,417,894 11,716,447 13,206,814 24,923,261 34,341,155 (62) 411,586,480 (26) 2,765,317 (0) 0 (Total Count) (154) 448,692,952 0 0 0 0 APPROX TOTAL LEVY = LIMIT ADJ TAXABLE * (TAX RATE / 100) + ACTUAL TAX $35,364,760.63 = 6,991,604,673 * (0.476466 / 100) + $2,052,141.51 448,692,952 4.8% 117,491 1,439,669 447,135,792 136,878,002 310,257,790 810,710 309,447,080 0 0 309,447,080 TARRANT CAD As of Roll # 1 TOTAL (Count) (15,157) 989,916,369 737,418,959 1,881,969 0 1,729,217,297 3,188,994,277 3,407,285,471 6,596,279,748 8,325,497,045 (1,120) 1,514,875,669 (10,376) 3,864,842 (0) 0 (Total Count) (26,653) 9,844,237,556 1,479 1,880,490 0 0 9,842,357,066 100.0% 34,673,370 14,452,416 9,793,231,280 2,075,250,149 7,717,981,131 726,376,458 6,991,604,673 0 0 6,991,604,673 Ordinance No. 2459, Page Page 4 of 13 Generated: 7/24/26 6:15 PM Printed: 07/24/26 7:07:43 PM Page 2 of 11 <trueprodigy.com> 2026 Adjusted Certified 025 Totals NOT UNDER REVIEW Limitation CITY OF EULESS Tax Limit Adjustment Breakdown (Freeze) Net Appr Taxable Act Tax Ceiling Count DP 21,099,497 16,619,718 55,366.27 57,261.12 77 DPS 1,689,345 1,351,476 4,030.84 4,030.84 5 OV65 1,047,426,703 707,175,744 1,988,504.01 2,070,714.94 3,399 OV65S 611,012 418,810 1,611.87 1,703.96 2 Total 1,070,826,557 725,565,748 2,049,512.99 2,133,710.86 3,483 Tax Rate: 0.476466 UNDER REVIEW Limitation Net Appr Taxable Act Tax Ceiling Count OV65 1,166,512 810,710 2,628.52 2,628.52 4 Total 1,166,512 810,710 2,628.52 2,628.52 4 Tax Rate: 0.476466 TOTAL Limitation Net Appr Taxable Act Tax Ceiling Count DP 21,099,497 16,619,718 55,366.27 57,261.12 77 DPS 1,689,345 1,351,476 4,030.84 4,030.84 5 OV65 1,048,593,215 707,986,454 1,991,132.53 2,073,343.46 3,403 OV65S 611,012 418,810 1,611.87 1,703.96 2 Total 1,071,993,069 726,376,458 2,052,141.51 2,136,339.38 3,487 Tax Rate: 0.476466 TARRANT CAD As of Roll# 1 Ordinance No. 2459, Page Page 5 of 13 Generated: 7/24/26 6:15 PM Printed: 07/24/26 7:07:43 PM Page 3 of 11 <trueprodigy.com> 2026 Adjusted Certified 025 Totals Tax Increment Refinance Zone 000041 (1.0) 000052 (0.75) Tax Increment Totals: CITY OF EULESS TIRZ Totals TARRANT CAD As of Roll # 1 Tax Increment Finance Value 367,204,032 106,519,889 473,723,921 Tax Increment Finance Levy 1,749,602.32 507,530.99 2,257,133.31 Ordinance No. 2459, Page Page 6 of 13 Generated: 7/24/26 6:15 PM Printed: 07/24/26 7:07:43 PM Page 4 of 11 <trueprodigy.com> 2026 Adjusted Certified CITY OF EULESS 025 Totals Exemptions TARRANT CAD As of Roll# 1 EXEMPTIONS NOT UNDER REVIEW UNDER REVIEW TOTAL Exemption Total Count Total Count Total Count Homestead Exemptions HS-Local 593,584,413 9,188 1,597,519 18 595,181,932 9,206 HS-State 0 0 0 0 0 0 HS-Prorated 1,347,679 26 0 0 1,347,679 26 0V65-Local 121,109,321 3,575 157,500 5 121,266,821 3,580 OV65-State 0 0 0 0 0 0 OV65-Prorated 0 0 0 0 0 0 OV65S-Local 70,000 2 0 0 70,000 2 OV65S-State 0 0 0 0 0 0 OV65S-Prorated 0 0 0 0 0 0 DP -Local 0 0 0 0 0 0 DP -State 0 0 0 0 0 0 DP -Prorated 0 0 0 0 0 0 DPS-Local 0 0 0 0 0 0 DPS-State 0 0 0 0 0 0 DPS-Prorated 0 0 0 0 0 0 DVHS 41,154,807 108 0 0 41,154,807 108 DVHS-Prorated 1,053,446 4 0 0 1,053,446 4 DVHSS 5,639,999 16 0 0 5,639,999 16 DVHSS-Prorated 0 0 0 0 0 0 DVHSS-UD 211,787 1 0 0 211,787 1 Subtotal for Homestead 764,171,452 12,920 1,755,019 23 765,926,471 12,943 Exemptions Disabled Veterans Exemptions DV1 79,000 14 0 0 79,000 14 DV2 90,000 13 0 0 90,000 13 DV3 198,000 24 0 0 198,000 24 DV4 1,314,000 179 12,000 1 1,326,000 180 Subtotal for Disabled Veterans 1,681,000 230 12,000 1 1,693,000 231 Exemptions Special Exemptions Charitable Org 7,360,664 2 0 0 7,360,664 2 EX366 98,071 2,057 0 0 98,071 2,057 FR 90,371,187 7 127,653,743 2 218,024,930 9 PC 0 0 24,088 1 24,088 1 SO 1,728 1 0 0 1,728 1 Subtotal for Special Exemptions 97,831,650 2,067 127,677,831 3 225,509,481 2,070 Ordinance No. 2459, Page Page 7 of 13 Generated: 7/24/26 6:15 PM Printed: 07/24/26 7:07:43 PM Page 5 of 11 <trueprodigy.com> 2026 Adjusted Certified CITY OF EULESS 025 Totals Exemptions EXEMPTIONS NOT UNDER REVIEW Exemption Total Count Absolute Exemptions Exempt UD EX-XN EX-XN-PRORATED EX-XV EX-XV-PRORATED EX-XV-PRORATED- Subtotal for Absolute Exemptions TARRANT CAD As of Roll# 1 UNDER REVIEW TOTAL Total Count Total Count 368,204 40 0 15,936,318 9 1,425,365 0 0 0 997,344,264 426 0 0 1 0 368,204 40 17,361,683 10 0 0 0 0 997,344,264 426 0 0 0 0 47,309 1 0 0 47,309 1 1,013,696,095 476 1,425,365 1 1,015,121,460 477 Other Exemptions BPPEX BPPEX-AL 57,257,788 1,012 3,571,292 34 60,829,080 1,046 2,381,996 38 649,311 8 3,031,307 46 BPPEX-TU 1,227,166 BPPEX-UD 125,000 CC 0 Subtotal for Other Exemptions 60,991,950 14 1,787,184 20 3,014,350 34 1 0 0 125,000 1 4 0 ._ 0 0 4 1,069 6,007,787 62 66,999,737 1,131 Total: 1,938,372,147 16,762 136,878,002 90 2,075,250,149 16,852 Ordinance No. 2459, Page Page 8 of 13 Generated: 7/24/26 6:15 PM Printed: 07/24/26 7:07:43 PM Page 6 of 11 <trueprodigy.com> 2026 Adjusted Certified CITY OF EULESS 025 Totals New Value Total New Market Value: Total New Taxable Value: JETI New Market Value: $0 New Taxable Value: $0 No -New -Revenue Tax Rate Assumption $92,228,153 $86,198,820 Chapter 313 New Market Value: $0 New Taxable Value: $0 Exemption Loss New Absolute Exemptions Exemption Description EX-XN 11.252 Motor vehicles leased for personal use Absolute Exemption Value Loss: New Partial Exemptions Exemption BPPEX BPPEX-AL CC DP DV3 DV4 DVHS FR HS OV65 SO Description BPPEX BPPEX-AL Childcare Disability Disabled Veterans 50% - 69% Disabled Veterans 70% - 100% Disabled Veteran Homestead FREEPORT Homestead Over 65 Solar (Special Exemption) Partial Exemption Value Loss: Total NEW Exemption Value Increased Exemptions Exemption Description Increased Exemption Value Loss: Total Exemption Value Loss: New Special Use (Ag/Timber) New Annexations/Deannexations Average Homestead Value Categor A Only A&E Count Count of HS Res Avg Market 9,217 333,134 9,217 333,134 Count Avg Exempt 69,275 69,275 Property Under Review - Lower Value Used Count Market Value 154 448,692,952 TARRANT CAD As of Roll #1 TIF/TIRZ New Market Value: $0 New Taxable Value: $0 Count 12 12 Count 958 26 1 1 1 3 4 3 119 158 1 1,275 Count 0 Last Year Market Value 0 0 Partial Exemption Amt 59,690,282 1,487,230 0 0 12,000 36,000 1,460,681 33,740,808 7,281,421 5,382,005 0 109,090,427 109,090,427 Increased Exemption Amt 0 109,090,427 2025 Market Value 2026 Special Use Market Value Med Market 312,284 312,284 Med Exempt 61,726 61,726 Avg Taxable 260,105 260,105 Loss Taxable Value Med Taxable 245,977 245,977 Lower Market Value Estimated Lower Taxable Value 352,482,058 264, 700,660 Ordinance No. 2459, Page Page 9 of 13 Generated: 7/24/26 6:15 PM Printed: 07/24/26 7:07:43 PM Page 7 of 11 <trueprodigy.com> 2026 Adjusted Certified CITY OF EULESS 025 Totals Code Description A Single-family Residential State Category Breakdown Not Under Review Count TARRANT CAD As of Roll# 1 Acres New Value Market Value Taxable Value 13,120 3,923,293 4,126,778,445 3,326,639,380 B Multifamily Residential 183 64,674,922 2,138,788,852 2,129,981,164 C1 Vacant Lots and Tracts D1 E 479 0 43,635,355 Qualified Open -Space Land Rural Land,Not Qualified for Open -Space Land 4 22.46 0 1,881,969 1 0 321,000 41,825,235 1,479 321,000 F1 F2 G1 J2 J3 Commercial Real Property Industrial Real Property 486 19 23,068,615 954,567,988 937,506,430 0 29,548,272 29,395,301 Oil and Gas Gas Distribution Systems Electric Companies (including Co-ops) J4 Telephone Companies (including Co-ops) J6 Pipelines L1 Commercial Personal Property L2 Industrial and Manufacturing Personal Property M1 Mobile Homes 10,313 1 8 12 0 562,764 321,458 0 25,192,236 25,067,236 50,000 62,665,181 0 11 0 14,099,848 2,755,238 62,540,181 13,426,155 1,034 0 954,052,094 1,970,217 809,850,879 0 S XN XV Residential Inventory Special Inventory Motor Vehicles Leased for Personal Use (§11. Other Totally Exempt Properties (including 19 26 346 10 0 23,562,865 92,445 525,643 19,803,618 420,231 10,710 4,503,309 4,499,473 10 0 4,564,359 4,153,904 0 15,969,824 464 0 991,569,362 Totals: 22.46 91,819,985 9,395,544,604 0 0 7,407,723,341 Ordinance No. 2459, Page Page 10 of 13 Generated: 7/24/26 6:15 PM Printed: 07/24/26 7:07:43 PM Page 8 of 11 <trueprodigy.com> 2026 Adjusted Certified CITY OF EULESS 025 Totals State Category Breakdown TARRANT CAD As of Roll# 1 Under Review Code Description Count Acres New Value Market Value Taxable Value A Single-family Residential 41 408,168 14,967,648 13,082,483 C1 Vacant Lots and Tracts 12 0 2,740,006 2,740,006 F1 Commercial Real Property 13 0 16,633,501 16,633,501 G1 Oil and Gas 26 0 2,765,317 1,326,303 J6 Pipelines 18 0 4,393,292 2,695,949 J8 Other Type of Utility 4 0 294,405 0 L1 Commercial Personal Property 38 0 405,359,489 273,779,548 L2 Industrial and Manufacturing Personal Property 2 0 113,929 0 XN Motor Vehicles Leased for Personal Use (§11. 1 0 1,425,365 0 Totals: 0 408,168 448,692,952 310,257,790 Ordinance No. 2459, Page Page 11 of 13 Generated: 7/24/26 6:15 PM Printed: 07/24/26 7:07:43 PM Page 9 of 11 <trueprodigy.com> 2026 Adjusted Certified CITY OF EULESS 025 Totals Code Description A Single-family Residential State Category Breakdown Grand Totals Count 13,161 TARRANT CAD As of Roll# 1 Acres New Value Market Value Taxable Value 4,331,461 4,141,746,093 3,339,721,863 B Multifamily Residential 183 64,674,922 2,138,788,852 2,129,981,164 C1 Vacant Lots and Tracts D1 Qualified Open -Space Land E Rural Land,Not Qualified for Open -Space Land 491 4 22.46 0 46, 375, 361 44, 565, 241 0 1,881,969 1,479 1 0 321,000 321,000 F1 Commercial Real Property 499 23,068,615 971,201,489 954,139,931 F2 Industrial Real Property 19 0 29,548,272 29,395,301 G1 Oil and Gas 10,339 0 3,328,081 1,647,761 J2 Gas Distribution Systems 1 0 25,192,236 J3 Electric Companies (including Co-ops) J4 Telephone Companies (including Co-ops) J6 Pipelines J8 Other Type of Utility L1 Commercial Personal Property L2 Industrial and Manufacturing Personal Property M1 Mobile Homes 0 Residential Inventory 8 12 29 50,000 62,665,181 25,067,236 62,540,181 4 1,072 S Special Inventory XN Motor Vehicles Leased for Personal Use (§11. XV Other Totally Exempt Properties (including 21 26 346 10 11 0 0 0 14,099,848 13,426,155 7,148,530 4,666,166 294,405 0 1,083,630,427 19,803,618 525,643 420,231 0 1,359,411,583 0 23,676,794 92,445 10,710 4,503,309 4,499,473 0 4,564,359 4,153,904 0 464 0 17,395,189 0 991,569,362 0 Totals: 22.46 92,228,153 9,844,237,556 7,717,981,131 Ordinance No. 2459, Page Page 12 of 13 Generated: 7/24/26 6:15 PM Printed: 07/24/26 7:07:43 PM Page 10 of 11 <trueprodigy.com> 2026 Adjusted Certified CITY OF EULESS 025 Totals Top Taxpayers TARRANT CAD As of Roll# 1 Rank Owner ID Taxpayer Name Market Value Taxable Value 1 10638935 ORACLE AMERICAS INC $416,852,478 $416,727,478 2 3751420 EULESS AERO REALTY LLC $170,515,039 $170,056,915 3 863937 WESTDALE HILLS 2013 LP $143,026,413 $143,026,413 4 7309 AVIS BUDGET CAR RENTAL LLC $136,460,623 $136,335,623 5 4319833 GEP XI HARLOWE LP $119,320,000 $119,320,000 6 10316836 1045 EDGE LLC Etal $116,500,000 $116,500,000 7 3561365 CREEKWOOD TRINITY UNION LLC $109,200,000 $109,200,000 8 4131131 BVA GLADE SPE LLC $108,750,000 $108,750,000 9 808365 STONELEIGH AT BEAR CREEK APTS $94,181,000 $94,181,000 10 16836 CMF 15 PORTFOLIO LLC $93,014,125 $93,012,324 11 745284 HERTZ CORP $87,121,108 $86,996,108 12 3528858 STAR MONTICELLO LLC $72,500,000 $72,500,000 13 3630175 AVENUE 900 HOLDINGS LLC $67,000,000 $67,000,000 14 4051885 DOMAIN AT FOUNDERS PARC LP $65,500,000 $65,500,000 15 3541664 STAR KENSINGTON LLC $62,300,000 $62,300,000 16 10594325 ONCOR ELECTRIC DELIVERY CO LLC $61,546,320 $61,421,320 17 4101614 LG EULESS 360 LLC $60,399,662 $60,079,200 18 3612755 FBC LIFESTYLE LLC $55,400,000 $55,400,000 19 3526517 WMMFI II BEAR CREEK LP $49,800,000 $49,800,000 20 4034908 BEAR CREEK LL LLC $49,000,000 $49,000,000 Total $2,138,386,768 $2,137,106,381 Ordinance No. 2459, Page Page 13 of 13 Generated: 7/24/26 6:15 PM Printed: 07/24/26 7:07:43 PM Page 11 of 11 <trueprodigy.com>