Home address: 10409 Hunter Run

2021 Taxable Value: $327,147

Recent Sales Price: $260,000 – Over-taxed by 26%

Appraisal district errors in setting assessed values cause Collin County owners to pay extra taxes.  Appraisal districts are flexible on market value appeals given the large number of houses they value and that are protested. Unequal appraisal appeals compare the level of assessment of your house to comparable houses, typically on a per square foot basis. Property tax appeals are often won with a smile and a bit of data.

Some property owners do not appeal due to a concern the appraisal district will want to inspect their house.  It is difficult for appraisal districts to accurately value homes since they rarely or never see the houses. Appraisal districts are willing to settle property tax appeals because they realize their values are not precise. Not appealing your property taxes annually is the equivalent of volunteering to pay extra property taxes.