Home address: 104 Lookout View

2021 Taxable Value: $285,762    

Recent Sales Price: $177,000 – Over-taxed by 61%

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. Unequal appraisal is a powerful tool to reduce property taxes, but many homeowners are not aware of it and don’t use it. Winning a property tax protest is easy.  Getting property owners to appeal is hard.  Only 10% of Texan home owners appeal their property taxes.

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 aggressively settle appeals since they have only 65 days to settle most of the appeals. Protest your property taxes on market value and unequal appraisal by May 15th annually.  Protest even if you do not receive a value notice.