Home address: 1600 Kelly Terr

2021 Taxable Value: $188,500

Recent Sales Price: $102,700 – Over-taxed by 84%

Tarrant County property investors far too often pay excess property taxes. Either comparable sales or condition issues at your home are useful for a market value appeal of property taxes. You can reduce your property taxes with an unequal appraisal appeal. Woody Allen said “80% of success is showing up”.  The same is true of property taxes.  If you file an appeal and attend the hearing, your chance of reducing your property taxes is excellent.

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. 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. Property taxes are the largest tax most Texans face.  But it is a stealth tax hidden in the mortgage payment, disguising the size of property taxes paid.