Taxable value is what the Tax Collector uses to calculate property taxes. It’s not what you see on Zillow or how much you could sell your property for. Taxable value is after you subtract the Save Our Homes discount, $50,000 Homestead Exemption, and any additional exemptions you might qualify for. You can look up your taxable value at the Property Appraiser’s website.
Annexation will not change taxable values.