Home address: 4120 E Sequoia Trl
2021 Taxable Value: $546,358
Recent Sales Price: $307,664 – Over-taxed by 78%
Property tax assessments not carefully reviewed lead to paying more than your share of property taxes. Market value property tax appeals save home owners an average of $500, according to Texas Comptroller Glen Hager, for 2019. An unequal appraisal appeal is easy to prepare. Just find neighborhood homes with a lower level of assessment (per square foot). Summarize the data in a table. It is difficult to persuade property owners to protest their property taxes. But 60 to 80% of those who do are successful.
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. Most tax protests are settled at the informal level so appraisers can return to measuring and valuing new construction. Appraisal property taxes, yard work and HVAC check-ups are just a few of the responsibilities for homeowners.
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