Home address: 2603 Alden Ln
2021 Taxable Value: $515,373
Recent Sales Price: $410,000 – Over-taxed by 26%
Half or more of Texas homeowners are paying more than their fair share of property taxes. Market value property tax appeals save home owners an average of $500, according to Texas Comptroller Glen Hager, for 2019. You can reduce your property taxes with an unequal appraisal appeal. The Texas Comptroller reports 80% of 2019 property tax appeals by homeowners were successful.
Many owners do not protest because they do not understand the process. Most would appeal if they know how easy it is to have a high chance of success. Mass appraisal models make it impossible for appraisal districts to accurately value most houses. One reason appraisal districts are motivated to settle protests is to maintain goodwill with the community. Property owners who appeal annually rarely pay more than their fair share.