Home address: 807 Oak Ln

2021 Taxable Value: $646,297

Recent Sales Price: $321,500 – Over-taxed by 101%

Texas property owners can avoid paying excess property taxes by taking several basic steps. Most market value protests are successful, typically saving the owner hundreds or thousands of dollars. Unequal appraisal appeals compare the level of assessment of your house to comparable houses, typically on a per square foot basis. Winning a property tax protest is easy.  Getting property owners to appeal is hard.  Only 10% of Texan home owners appeal their property taxes.

Many owners do not protest because they do not understand the process.  Most would appeal if they know how easy it is the high chance of success. It is difficult for appraisal districts to accurately value houses due to limited staff. Appraisal districts aggressively settle appeals since they have only 65 days to settle most of the appeals. Property owners have a duty and responsibility to appraisal property taxes annually.  It is not prudent or reasonable to rely on the appraisal district’s estimate.