Home address: 104 Jean Ln
2021 Taxable Value: $305,167
Recent Sales Price: $165,000 – Over-taxed by 85%
Appraisal district errors in setting assessed values cause Johnson County owners to pay extra taxes. Protesting the appraisal district’s market value with usually reduce your property taxes. Property owners can appeal both market value and unequal appraisal. Appraisal districts are generally very receptive to settling tax appeals at the informal hearing.
Property owners are sometimes reluctant to protest their property taxes because the believe the appeal process is difficult. It is not difficult and 60 to 80% of owners who appeal are successful. Incorrect property data such as grade, effective year built, condition, etc lead to substantial errors in appraisal district values for houses. One reason appraisal districts are motivated to settle protests is to maintain goodwill with the community. Protesting your property taxes annually is analogous to regularly changing the oil in your car. Preventative maintenance avoids serious problems.
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