Home address: 1605 Tyson St

2021 Taxable Value: $163,751

Recent Sales Price: $85,000 – Over-taxed by 93%

Appraisal district errors in setting assessed values cause Tarrant County owners to pay extra taxes. One option to reduce you property taxes is to protest the market value. Unequal appraisal appeals are valid when the assessment is below market value. Property tax appeals are often won with a smile and a bit of data.

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. Property owners have a duty and responsibility to appraisal property taxes annually.  It is not prudent or reasonable to rely on the appraisal district’s estimate.