Home address: 625 Caduceus Ln

2021 Taxable Value: $264,531  

Recent Sales Price: $170,000 – Overtaxed by 56%

Tarrant County homeowners are often unaware of the factors that cause them to pay extra taxes. Most market value protests are successful, typically saving the owner hundreds or thousands of dollars. Unequal appraisal appeals are valid when the assessment is below market value. The majority who appeal their Texas property taxes are successful. 

Some property owners do not appeal due to a concern the appraisal district will want to inspect their house.  However, the appraisal district is MUCH too busy during the appeal season to even think about asking to inspect a property.  Assessors do not visit houses because of appeals. It is impossible for 2,272 Texas appraisal district appraisers to track physical condition and value for over 20 million properties. Appraisal districts usually settle appeals at the informal hearing since it costs less and takes fewer resources. Property owners have a duty and responsibility to appraise property taxes annually.  It is not prudent or reasonable to rely on the appraisal district’s estimate.