Home address: 2206 Pearl Ave
2021 Taxable Value: $138,995
Recent Sales Price: $75,000 – Over-taxed by 85%
Half or more of Texas home owners are paying more than their fair share of property taxes. Protest market value, get a few comparable sales as evidence and you are very likely to reduce your property taxes. Unequal appraisal appeals are valid when the assessment is below market value. The Texas Comptroller reports 80% of 2019 property tax appeals by home owners were successful.
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. 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. One reason appraisal districts are motivated to settle protests is to maintain goodwill with the community. Protect your home by appealing property taxes annually.
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