Home address: 8413 Cloverglen Ln
2021 Taxable Value: $2,40,105
Recent Sales Price: $1,56,000 – Over-taxed by 54%
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. The lower value stands when appealing market value and unequal appraisal. Appeal both every year. It is difficult to persuade property owners to protest their property taxes. But 60 to 80% of those who do are successful.
Some homeowners believe “you can’t fight city hall.” But property owners win 60 to 80% of property tax appeals. 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. Protest your property taxes on market value and unequal appraisal by May 15th annually. Protest even if you do not receive a value notice