Home address: 912 Greenwood Dr

2021 Taxable Value: $380,278         

Recent Sales Price: $255,000 – Over-taxed by 49%

Most homeowners who do not appeal annually pay excess property taxes. One option to reduce your property taxes is to protest the market value. Property owners can appeal both market value and unequal appraisal. The Texas Comptroller reports 80% of 2019 property tax appeals by homeowners were successful.

Owners are sometimes reluctant to protest property taxes due to a concern their value might be raised.  This can’t and does not happen.  Since 2019, neither the appraisal district or the appraisal review board can increase a property tax assessment during a protest. It is impossible for 2,272 Texas appraisal district appraisers to track physical condition and value for over 20 million properties. 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.