Home address: 9328 Tower Ct
2021 Taxable Value: $208,401
Recent Sales Price: $140,000 – Over-taxed by 49%
Johnson County property investors far too often pay excess property taxes. One option to reduce your property taxes is to protest the market value. Unequal appraisal appeals compare the level of assessment of your house to comparable houses, typically on a per square foot basis. The Texas Comptroller reports 80% of 2019 property tax appeals by homeowners were 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. 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 who appeal annually rarely pay more than their fair share.
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