Home address: 15580 Fm 725

2021 Taxable Value: $217,494    

Recent Sales Price: $105,000  – Over-taxed by 107%

While most Texas home owners pay extra property taxes, there are several simple steps you can take to limit your tax bill. 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.Property tax appeals are often won with a smile and a bit of data.

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. 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 settle appeals at the informal level  to avoid the time consuming and expensive appraisal review board hearings. Protest your property taxes on market value and unequal appraisal by May 15th annually.  Protest even if you do not receive a value notice.