Home address: 1121 Platt Dr

2021 Taxable Value: $213,658

Recent Sales Price: $170,000 – Over-taxed by 26%

Collin County homeowners are often unaware of the factors that cause them to pay extra taxes. Market value property tax appeals save homeowners an average of $500, according to Texas Comptroller Glen Hager, for 2019. You can reduce your property taxes with an unequal appraisal appeal. Appraisal districts are generally receptive to settling tax appeals at the informal hearing.

Many owners do not protest because they do not understand the process.  Most will appeal if they know how easy the high chance of success is. It is impossible for 2,272 Texas appraisal district appraisers to track the physical condition and value of over 20 million properties. Tax protests are resolved at the informal hearing since the result is within a “reasonable range of value”.  Appraisal is not an exact science and valuations are only an educated opinion of value, not a fact. Protect your home by appealing property taxes annually.