Home address: 8104 St Clair Dr

2021 Taxable Value: $522,699

Recent Sales Price: $415,000 – Over-taxed by 26%

Collin County homeowners are often unaware of the factors that cause them to pay extra taxes. Protest market value, get a few comparable sales as evidence and you are very likely to reduce your property taxes. Property owners can appeal to both market value and unequal appraisal. Winning a property tax protest is easy.  Getting property owners to appeal is hard.  Only 10% of Texan homeowners appeal their property taxes. Appraisal districts are generally very receptive to settling tax appeals at the informal hearing.

Appraisal districts use mass appraisal to value property, basically a math model.  Overall results are OK.  However, many homes are too high or low. Appraisal districts aggressively settle appeals since they have only 65 days to settle most of the appeals. Appraisal property taxes, yard work and HVAC check-ups are just a few of the responsibilities for homeowners.