Home address: 804 Haystack Creek Trl
2021 Taxable Value: $370,740
Recent Sales Price: $370,740 – Over-taxed by 37%
Property tax assessments not carefully reviewed lead to paying more than your share of property taxes. Protesting the appraisal district’s market value with usually reduce your property taxes. Unequal appraisal appeals compare the level of assessment of your house to comparable houses, typically on a per square foot basis. The Texas Comptroller reports 80% of 2019 property tax appeals by home owners were successful.
Some homeowners do not appeal property taxes because they are not aware of this right. You can and should protest both market value and unequal appraisal annually. 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 are willing to settle property tax appeals because they realize their values are not precise. Protect your home by appealing property taxes annually.