Home address: 109 Palo Blanco Creek Ln

2021 Taxable Value: $587,690

Recent Sales Price: $468,195 – Over-taxed by 26%

Half or more of Texas home owners are paying more than their fair share of property taxes. One option to reduce your 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. Property tax appeals are often won with a smile and a bit of data.

Property owners are sometimes reluctant to protest their property taxes because the believe the appeal process is difficult. It is not difficult and 60 to 80% of owners who appeal are successful. Appraisal districts use the cost approach to value houses. It is generally considered the least reliable method of appraisal. 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. Protest your property taxes on market value and unequal appraisal by May 15th annually. Protest even if you do not receive a value notice.