According to the Texas Property Tax Code, when is the chief appraiser not required to send a notice of appraised value?

The Texas Property Tax Code outlines the responsibilities of the chief appraiser regarding the notification of property owners about changes in appraised values. The correct answer highlights that the chief appraiser is not required to send a notice of appraised value if the increase is less than $1,000. This threshold is significant because it simplifies the communication process for smaller increases that may not significantly impact the property owner's tax obligations or decisions.

When an increase in appraised value is minimal, the law allows property officials to avoid sending notices, thereby reducing administrative burdens. This criterion is grounded in the understanding that minor increases do not necessitate formal notification, as they are less likely to be a cause for concern among property owners.

In contrast, the other response options reflect higher thresholds for notification requirements. By specifying a lower threshold of $1,000, the correct answer aligns with the legislative intent to balance communication with practicality, ensuring that property owners are informed of significant changes while avoiding unnecessary notifications for minor adjustments.