Home address: 3313 Garner Ln
2021 Taxable Value: $262,975
Recent Sales Price: $180,000 – Over-taxed by 46%
Texas property owners can avoid paying excess property taxes by taking several basic steps. A market value appeal is based on the assessor’s value exceeding the market value of your home. You can reduce your property taxes with an unequal appraisal appeal. Winning a property tax protest is easy. Getting property owners to appeal is hard. Only 10% of Texan homeowners appeal their property taxes.
Many owners intended to appeal but the May 15th date slipped by with no appeal. If you want to appeal and it is slipping your mind, consider a consultant. 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. Protesting your property taxes annually is analogous to regularly changing the oil in your car. Preventative maintenance avoids serious problems.