Home address: 7480 Cr 802
2021 Taxable Value: $167,763
Recent Sales Price: $130,000 – Over-taxed by 29%
Johnson County home owners are often unaware of the factors that cause them to pay extra 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. Woody Allen said “80% of success is showing up”. The same is true of property taxes. If you file an appeal and attend the hearing, your chance of reducing your property taxes is excellent.
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. It is impossible for 2,272 Texas appraisal district appraisers to track physical condition and value for over 20 million properties. Appraisal districts usually settle appeals at the informal hearing since it costs less and takes fewer resources. 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.