Home address: 216 Rancho Dr
2021 Taxable Value: $263,768
Recent Sales Price: $175,000 – Over-taxed by 51%
Appraisal district errors in setting assessed values cause Tarrant County owners to pay extra taxes. Protesting the appraisal district’s market value with usually reduce your property taxes. You can reduce your property taxes with an unequal appraisal appeal. The majority who appeal their Texas property taxes are successful.
Property owners are sometimes reluctant to protest their property taxes because the believe the appeal process is difficult. It is not difficult and 60 to 80% of owners who appeal are successful. Appraisal districts use mass appraisal to value property, basically a math model. Overall results are OK. However, many homes are too high or low. Appraisal districts aggressively settle appeals since they have only 65 days to settle most of the appeals. Protect your home by appealing property taxes annually.