Home address: 5104 Forest Grove Ln

2021 Taxable Value: $1,282,993

Recent Sales Price: $1,000,000 – Over-taxed by 28%

Property tax assessments not carefully reviewed lead to paying more than your share of property taxes. One option to reduce you property taxes is to protest the market value. Unequal appraisal appeals compare the level of assessment of your house to comparable houses, typically on a per square foot basis. The majority who appeal their Texas property taxes are successful.

Some homeowners believe “you can’t fight city hall.”  But property owners win 60 to 80% of property tax appeals. Mass appraisal models make it impossible for appraisal districts to accurately value most houses. Most tax protests are settled at the informal level so appraisers can return to measuring and valuing new construction. Property owners have a duty and responsibility to appraise property taxes annually.  It is not prudent or reasonable to rely on the appraisal district’s estimate.