Home address: 2072 Meadow Park Dr
2021 Taxable Value: $310,028
Recent Sales Price: $215,000 – Over-taxed by 44%
Half or more of Texas homeowners are paying more than their fair share of property taxes. Protesting the appraisal district’s market value with usually reduce your property taxes. An unequal appraisal appeal is easy to prepare. Just find neighborhood homes with a lower level of assessment (per square foot). Summarize the data in a table. Property tax appeals are often won with a smile and a bit of data.
Many owners do not protest because they do not understand the process. Most would appeal if they know how easy it is a high chance of success. 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 are receptive to settling property tax protests for houses at the informal level because it has only a nominal impact on the total tax base. Protect your home by appealing property taxes annually.