Home address: 9952 Lone Eagle Dr
2021 Taxable Value: $190,657
Recent Sales Price: $120,500 – Over-taxed by 58%
Most homeowners in Tarrant County who do not appeal annually pay excess property taxes. One option to reduce your property taxes is to protest the market value. Unequal appraisal appeals are valid when the assessment is below market value. The Texas Comptroller reports that 80% of 2019 property tax appeals by homeowners were 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 difficult for appraisal districts to accurately value houses due to limited staff. Most tax protests are settled at the informal level so appraisers can return to measuring and valuing new construction. Protect your home by appealing property taxes annually.