Home address: 8204 Kender Ln
2021 Taxable Value: $165,905
Recent Sales Price: $107,500 – Overtaxed by 54%
While most Texas homeowners pay extra property taxes, there are several simple steps you can take to limit your tax bill. A market value appeal is based on the assessor’s value exceeding the market value of your home. Property owners can appeal both market value and unequal appraisal. Winning a property tax protest is easy. Getting property owners to appeal is hard. Only 10% of Texan homeowners appeal their property taxes.
Some homeowners do not appeal property taxes because they are not aware of this right. You can and should protest both market value and unequal appraisal annually. 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. Protesting your property taxes annually is analogous to regularly changing the oil in your car. Preventative maintenance avoids serious problems.