Home address: 933 King Cotton Ln
2021 Taxable Value: $283,819
Recent Sales Price: $190,000 – Over-taxed by 49%
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. Unequal appraisal is a powerful tool to reduce property taxes, but many homeowners are not aware of it and don’t use it. The majority who appeal their Texas property taxes are successful.
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. Incorrect property data such as grade, effective year built, condition, etc lead to substantial errors in appraisal district values for houses. Tax protests are resolved at the informal hearing since the result is within a “reasonable range of value”. Appraisal is not an exact science and valuations are only an educated opinion of value, not a fact. Appraisal property taxes, yard work and HVAC check-ups are just a few of the responsibilities for homeowners.
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