Home address: 306 Westpark Dr N

2021 Taxable Value: $358,530

Recent Sales Price: $285,000 – Over-taxed by 26%

Most homeowners who do not appeal annually pay excess property taxes. A market value appeal is based on the assessor’s value exceeding the market value of your home. The lower value stands when appealing market value and unequal appraisal.  Appeal both every year. Winning a property tax protest is easy.  Getting property owners to appeal is hard.  Only 10% of Texan homeowners appeal their property taxes.

However, the appraisal district is MUCH too busy during the appeal season to even think about asking to inspect a property.  Assessors do not visit houses because of appeals. Appraisal districts use the mass appraisal to value property, basically a math model.  Overall results are OK.  However, many homes are too high or low. Appraisal districts settle appeals at the informal level to avoid the time-consuming and expensive appraisal review board hearings. Appraisal property taxes, yard work and HVAC check-ups are just a few of the responsibilities for homeowners.