Home address: 605 Yucca Ln

2021 Taxable Value: $212,408

Recent Sales Price: $103,000 – Over-taxed by 106%

Collin County property investors far too often pay excess property taxes. Appraisal districts are flexible on market value appeals given the large number of houses they value and that are protested. Property owners can appeal both market value and unequal appraisal. The majority who appeal their Texas property taxes are successful.

Property owners are sometimes reluctant to protest their property taxes because the believe the appeal process is difficult.  It is not difficult and 60 to 80% of owners who appeal are successful. It is difficult for appraisal districts to accurately value houses due to limited staff. Appraisal districts settle appeals at the informal level to avoid the time consuming and expensive appraisal review board hearings. Property owners who appeal annually rarely pay more than their fair share.