Home address: 2912 Royal Oaks Dr
2021 Taxable Value: $241,786
Recent Sales Price: $184,000 – Over-taxed by 31%
Most home owners who do not appeal annually 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. 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. It is impossible for 2,272 Texas appraisal district appraisers to track physical condition and value for over 20 million properties. One reason appraisal districts are motivated to settle protests is to maintain goodwill with the community. Not appealing your property taxes annually is the equivalent of volunteering to pay extra property taxes.