Home address: 216 Rancho Dr
2021 Taxable Value: $263,768
Recent Sales Price: $175,000 – Overtaxed by 51%
While most Texas homeowners pay extra property taxes, there are several simple steps you can take to limit your tax bill. One option to reduce your property taxes is to protest the market value. Unequal appraisal appeals are valid when the assessment is below market value. The majority who appeal their Texas property taxes are successful.
Some homeowners believe “you can’t fight city hall.” But property owners win 60 to 80% of property tax appeals. It is difficult for appraisal districts to accurately value homes since they rarely or never see the houses. Appraisal districts aggressively settle appeals since they have only 65 days to settle most of the appeals. Appraisal property taxes, yard work and HVAC check-ups are just a few of the responsibilities for homeowners.