Home address: 32 Meandering Way
2021 Taxable Value: $616,619
Recent Sales Price: $485,000 – Over-taxed by 27%
Texas property owners can avoid paying excess property taxes by taking several basic steps. Either comparable sales or condition issues at your home are useful for a market value appeal of property taxes. The lower value stands when appealing market value and unequal appraisal. Appeal both every year. Woody Allen said “80% of success is showing up”. The same is true of property taxes. If you file an appeal and attend the hearing, your chance of reducing your property taxes is excellent.
Winning a property tax protest is easy. Getting property owners to appeal is hard. Only 10% of Texan home owners appeal their property taxes. Mass appraisal models make it impossible for appraisal districts to accurately value most houses. Appraisal districts aggressively settle appeals since they have only 65 days to settle most of the appeals. Appraisal districts aggressively settle appeals since they have only 65 days to settle most of the appeals.