Home address: 3819 Tailfeather Dr
2021 Taxable Value: $302,222
Recent Sales Price: $239,900 – Over-taxed by 26%
While most Texas home owners pay extra property taxes, there are several simple steps you can take to limit your tax bill. Appraisal districts are flexible on market value appeals given the large number of houses they value and that are protested. Unequal appraisal appeals are valid when the assessment is below market value. The Texas Comptroller reports 80% of 2019 property tax appeals by home owners were successful.
Some homeowners believe “you can’t fight city hall.” But property owners win 60 to 80% of property tax appeals. One reason it is difficult for appraisal districts to correctly value homes is they are not homogenous. Some have been remodeled and some haven’t. Appraisal districts settle appeals at the informal level to avoid the time consuming and expensive appraisal review board hearings. Appraisal property taxes, yard work and HVAC check-ups are just a few of the responsibilities for homeowners.