Home address: 6413 Wilton Dr

2021 Taxable Value: $264,611

Recent Sales Price: $147,535 – Over-taxed by 79%

Appraisal district errors in setting assessed values cause Tarrant County owners to pay extra taxes. Market value property tax appeals save home owners an average of $500, according to Texas Comptroller Glen Hager, for 2019. Unequal appraisal appeals are valid when the assessment is below market value. Property tax appeals are often won with a smile and a bit of data.

Many owners do not protest because they do not understand the process.  Most would appeal if they know how easy it is the high chance of success. 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. Protesting your property taxes annually is analogous to regularly changing the oil in your car. Preventative maintenance avoids serious problems.