Home address: 1115 Terra St

2021 Taxable Value: $330,803

Recent Sales Price: $206,335 – Over-taxed by 60%

While most Texas home owners pay extra property taxes, there are several simple steps you can take to limit your tax bill. Market value property tax appeals save homeowners 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. Property tax appeals are often won with a smile and a bit of data.

Property owners are sometimes reluctant to protest their property taxes because the believe the appeal process is difficult. It is not difficult and 60 to 80% of owners who appeal are successful. It is difficult for appraisal districts to accurately value homes since they rarely or never see the houses. Appraisal districts settle appeals at the informal level to avoid the time consuming and expensive appraisal review board hearings. Not appealing your property taxes annually is the equivalent of volunteering to pay extra property taxes.