Home address: 1716 Twin Hills Way

2021 Taxable Value: $221,535

Recent Sales Price: $135,000 – Over-taxed by 64%

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. The lower value stands when appealing market value and unequal appraisal.  Appeal both every year. Woody Allen said “80% of success is showing up”.  The same is true of property taxes.  If you file an appeal and attend the hearing, your chance of reducing your property taxes is excellent.

Owners are sometimes reluctant to protest property taxes due to a concern their value might be raised. It is impossible for 2,272 Texas appraisal district appraisers to track physical condition and value for over 20 million properties. Appraisal districts usually settle appeals at the informal hearing since it costs less and takes fewer resources. Protest your property taxes on market value and unequal appraisal by May 15th annually.  Protest even if you do not receive a value notice.