Home address: 521 Merrill Dr

2021 Taxable Value: $275,027

Recent Sales Price: $159,000 – Over-taxed by 73%

Tarrant County home owners are often unaware of the factors that cause them to pay extra taxes. Protest market value, get a few comparable sales as evidence and you are very likely to reduce your property taxes. Property owners can appeal both market value and unequal appraisal. Appraisal districts are generally very receptive to settling tax appeals at the informal hearing.

Many owners intended to appeal but the May 15th date slipped by with no appeal.  If you want to appeal and it is slipping your mind, consider a consultant. 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 settle appeals at the informal level  to avoid the time consuming and expensive appraisal review board hearings. Protect your home by appealing property taxes annually.