Home address: 3671 Forbes St

2021 Taxable Value: $127,335

Recent Sales Price: $71,000 – Over-taxed by 79%

Appraisal district errors in setting assessed values cause Tarrant County owners to pay extra taxes. Protesting the appraisal district’s market value with usually reduce your property taxes. 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.

Some homeowners believe “you can’t fight city hall.”  But property owners win 60 to 80% of property tax appeals. Appraisal districts use the cost approach to value houses.  It is generally considered the least reliable method of appraisal. Appraisal districts are willing to settle property tax appeals because they realize their values are not precise. Property owners who appeal annually rarely pay more than their fair share.