Home address: 1521 D Ave
2021 Taxable Value: $48,181
Recent Sales Price: $30,000 – Over-taxed by 61%
While most Texas home owners pay extra property taxes, there are several simple steps you can take to limit your tax bill.Protesting the appraisal district’s market value with usually reduce your property taxes.Unequal appraisal appeals are valid when the assessment is below market value.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.
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 usually settle appeals at the informal hearing since it costs less and takes fewer resources.Not appealing your property taxes annually is the equivalent of volunteering to pay extra property taxes.Some homeowners believe “you can’t fight city hall.” But property owners win 60 to 80% of property tax appeals.