Home address: 1664 Driftwood

2021 Taxable Value: $251,389      

Recent Sales Price: $198,000 – Over-taxed by 27%

While most Texas home owners pay extra property taxes, there are several simple steps you can take to limit your tax bill. One option to reduce you property taxes is to protest the market value. Unequal appraisal is a powerful tool to reduce property taxes, but many homeowners are not aware of it and don’t use it. Woody Allen said “80% of success is showing up”.  The same is true of property taxes.  If you file an appeal and attend the hearing, your chance of reducing your property taxes is excellent. 

Property owners are sometimes reluctant to protest their property taxes because the believe the appeal process is difficult.  It is not difficult and 60 to 80% of owners who appeal are successful. It is difficult for appraisal districts to accurately value homes since they rarely or never see the houses. Most tax protests are settled at the informal level so appraisers can return to measuring and valuing new construction. Appraisal property taxes, yard work and HVAC check-ups are just a few of the responsibilities for homeowners.