Home address: 3624 Bois D Arc Rd

2021 Taxable Value: $366,696

Recent Sales Price: $269,500 – Over-taxed by 36%

Appraisal district errors in setting assessed values cause Collin County owners to pay extra taxes. A market value appeal is based on the assessor’s value exceeding the market value of your home. Check the unequal appraisal box on the protest form, or your unequal appraisal appeal will be ignored. It is difficult to persuade property owners to protest their property taxes.  But 60 to 80% of those who do are successful.

Property owners are sometimes reluctant to protest their property taxes because they believe the appeal process is difficult.  It is not difficult and 60 to 80% of owners who appeal are successful. 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. Protest your property taxes on market value and unequal appraisal by May 15th annually.  Protest even if you do not receive a value notice.