Home address: 501 Drexel St

2021 Taxable Value: $157,380

Recent Sales Price: $125,000 – Over-taxed by 26%

Half or more of Texas homeowners are paying more than their fair share of property taxes. One option to reduce your property taxes is to protest the market value. You can reduce your property taxes with an unequal appraisal appeal. The Texas Comptroller reports that 80% of 2019 property tax appeals by homeowners were successful.

Some homeowners do not appeal property taxes because they are not aware of this right.  You can and should protest both market value and unequal appraisal annually. It is impossible for 2,272 Texas appraisal district appraisers to track the physical condition and value of over 20 million properties. One reason appraisal districts are motivated to settle protests is to maintain goodwill with the community. 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.