Home address: 3029 Oakwood St
2021 Taxable Value: $136,000
Recent Sales Price: $85,200 – Over-taxed by 60%
Tarrant County Property tax assessments not carefully reviewed lead to paying more than your share of property taxes. Appraisal districts are flexible on market value appeals given a large number of houses they value and that are protested. 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. Winning a property tax protest is easy. Getting property owners to appeal is hard. Only 10% of Texan homeowners appeal their property taxes.
Many owners intended to appeal but the May 15th date slipped by with no appeal. If you want to appeal and it is slipping your mind, consider a consultant. It is impossible for 2,272 Texas appraisal district appraisers to track the physical condition and value of over 20 million properties. Appraisal districts settle appeals at the informal level to avoid the time-consuming and expensive appraisal review board hearings. Protect your home by appealing property taxes annually.
