Home address: 1064 Wildwood Dr
2021 Taxable Value: $349,080
Recent Sales Price: $276,235– Over-taxed by 26%
Texas property owners can avoid paying excess property taxes by taking several basic steps. One option to reduce your property taxes is to protest the market value. You can reduce your property taxes with an unequal appraisal appeal. The majority who appeal their Texas property taxes are successful.
Some homeowners do not appeal property taxes because they are not aware of this right. You can and should protest both market value and unequal appraisal annually. 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. 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.