Home address: 1009 Whitetail Ct
2021 Taxable Value: $436,531
Recent Sales Price: $333,522 – Over-taxed by 31%
Most homeowners who do not appeal annually pay excess property taxes. One option to reduce your property taxes is to protest the market value. You can reduce your property taxes with an unequal appraisal appeal. Winning a property tax protest is easy. Getting property owners to appeal is hard. Only 10% of Texan home owners appeal their property taxes.
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. Appraisal districts use mass appraisal to value property, basically a math model. Overall results are OK. However, many homes are too high or low. Appraisal districts aggressively settle appeals since they have only 65 days to settle most of the appeals. Property owners have a duty and responsibility to appraise property taxes annually. It is not prudent or reasonable to rely on the appraisal district’s estimate.