Home address: 2500 Goldenrod Ave

2021 Taxable Value: $295,047

Recent Sales Price: $162,000 – Over-taxed by 82%

Texas property owners can avoid paying excess property taxes by taking several basic steps. One option to reduce you property taxes is to protest the market value. Unequal appraisal appeals compare the level of assessment of your house to comparable houses, typically on a per square foot basis. The majority who appeal their Texas property taxes are successful.

Some homeowners do not appeal property taxes because they are not aware of this right.  You can and should protest both market value and unequal appraisal annually. It is difficult for appraisal districts to accurately value homes since they rarely or never see the houses. Tax protests are resolved at the informal hearing since the result is within a “reasonable range of value”.  Appraisal is not an exact science and valuations are only an educated opinion of value, not a fact. Property owners have a duty and responsibility to appraisal property taxes annually.  It is not prudent or reasonable to rely on the appraisal district’s estimate.