Home address: 1352 County Road 1077
2021 Taxable Value: $233,332
Recent Sales Price: $160,000 – Over-taxed by 46%
Half or more of Texas homeowners are paying more than their fair share of property taxes. Protest market value, get a few comparable sales as evidence and you are very likely to reduce your property taxes. You can reduce your property taxes with an unequal appraisal appeal. The Texas Comptroller reports 80% of 2019 property tax appeals by homeowners were successful.
Some homeowners do not appeal property taxes because they are not aware of this right. You can and should protest both market value and unequal appraisal annually. One reason it is difficult for appraisal districts to correctly value homes is they are not homogenous. Some have been remodeled and some haven’t. Appraisal districts aggressively settle appeals since they have only 65 days to settle most of the appeals. Property owners have a duty and responsibility to appraisal property taxes annually. It is not prudent or reasonable to rely on the appraisal district’s estimate.