Home address: 112 Crockett Way
2021 Taxable Value: $309,321
Recent Sales Price: $232,000 – Over-taxed by 33%
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. An unequal appraisal appeal is easy to prepare. Just find neighborhood homes with a lower level of assessment (per square foot). Summarize the data in a table. The majority who appeal their Texas property taxes are successful.
Some homeowners believe “you can’t fight city hall.” But property owners win 60 to 80% of property tax appeals. Incorrect property data such as grade, effective year built, condition, etc lead to substantial errors in appraisal district values for houses. Tax protests are resolved at the informal hearing since the result is within a “reasonable range of value”. Appraisal is not an exact science and valuations are only an educated opinion of value, not a fact. Protest your property taxes on market value and unequal appraisal by May 15th annually. Protest even if you do not receive a value notice.