Home address: 5204 El Campo Ave
2021 Taxable Value: $575,540
Recent Sales Price: $367,500 – Over-taxed by 57%
Half or more of Texas homeowners are paying more than their fair share of property taxes. One option to reduce your property taxes is to protest the market value. You can reduce your property taxes with an unequal appraisal appeal. Woody Allen said, “80% of success is showing up”. The same is true of property taxes. If you file an appeal and attend the hearing, your chance of reducing your property taxes is excellent.
It is impossible for 2,272 Texas appraisal district appraisers to track the physical condition and value of over 20 million properties. One reason appraisal districts are motivated to settle protests is to maintain goodwill with the community. Property owners have a duty and responsibility to appraise property taxes annually. It is not prudent or reasonable to rely on the appraisal district’s estimate. Some homeowners believe “you can’t fight city hall.” But property owners win 60 to 80% of property tax appeals.
