Home address: 1208 Pheasant Run Tr

2021 Taxable Value: $333,651             

Recent Sales Price: $218,500  – Over-taxed by 53%

Appraisal district errors in setting assessed values cause Tarrant County owners to pay extra taxes. A market value appeal is based on the assessor’s value exceeding the market value of your home. 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.

Some homeowners believe “you can’t fight city hall.”  But property owners win 60 to 80% of property tax appeals. One reason it is difficult for appraisal districts to correctly value homes is they are not homogenous.  Some have been remodeled and some haven’t. Appraisal districts are willing to settle property tax appeals because they realize their values are not precise. Protect your home by appealing property taxes annually.