Home address: 1604 Andrew Ave
2021 Taxable Value: $123,177
Recent Sales Price: $80,000 – Overtaxed by 54%
Tarrant County homeowners are often unaware of the factors that cause them to pay extra taxes. 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 Texas Comptroller reports 80% of 2019 property tax appeals by homeowners were 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 are willing to settle property tax appeals because they realize their values are not precise. Protect your home by appealing property taxes annually.