Home address: 800 Buena Vista Dr
2021 Taxable Value: $240,738
Recent Sales Price: $148,000 – Over-taxed by 63%
Property tax assessments not carefully reviewed lead to paying more than your share of property taxes. One option to reduce your property taxes is to protest the market value. The lower value stands when appealing market value and unequal appraisal. Appeal both every year. Winning a property tax protest is easy. Getting property owners to appeal is hard. Only 10% of Texan homeowners appeal their property taxes.
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. It is impossible for 2,272 Texas appraisal district appraisers to track physical condition and value for over 20 million properties. Appraisal districts aggressively settle appeals since they have only 65 days to settle most of the appeals. Property owners who appeal annually rarely pay more than their fair share.