Home address: 2811 Birch Park Dr
2021 Taxable Value: $181,017
Recent Sales Price: $121,000 – Overtaxed by 50%
Most homeowners who do not appeal annually pay excess property taxes. Market value property tax appeals save homeowners an average of $500, according to Texas Comptroller Glen Hager, for 2019. 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. The Texas Comptroller reports 80% of 2019 property tax appeals by homeowners were successful.
Owners are sometimes reluctant to protest property taxes due to a concern their value might be raised. This can’t and does not happen. Since 2019, neither the appraisal district or the appraisal review board can increase a property tax assessment during a protest. It is difficult for appraisal districts to accurately value homes since they rarely or never see the houses. One reason appraisal districts are motivated to settle protests is to maintain goodwill with the community. Protect your home by appealing property taxes annually.
