Home address: 15162 Woodbluff Dr

2021 Taxable Value: $511,194

Recent Sales Price: $255,500 – Over-taxed by 100%

Texas property owners can avoid paying excess property taxes by taking several basic steps. Most market value protests are successful, typically saving the owner hundreds or thousands of dollars. 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.

Owners are sometimes reluctant to protest property taxes due to a concern their value might be raised.  This can’t and does not happen.  Since 2019, neither the appraisal district or the appraisal review board can increase a property tax assessment during a protest. Appraisal districts use the cost approach to value houses.  It is generally considered the least reliable method of appraisal. Appraisal districts are willing to settle property tax appeals because they realize their values are not precise. Appraisal property taxes, yard work and HVAC check-ups are just a few of the responsibilities for homeowners.