Home address: 512 Patton Dr

2021 Taxable Value: $155,984       

Recent Sales Price: $123,500 – Over-taxed by 26%

Half or more of Texas homeowners are paying more than their fair share of property taxes. Protesting the appraisal district’s market value will usually reduce your property taxes. Property owners can appeal both market value and unequal appraisal. The majority who appeal their Texas property taxes are successful.

Property owners are sometimes reluctant to protest their property taxes because they believe the appeal process is difficult.  It is not difficult and 60 to 80% of owners who appeal are successful. Appraisal districts use the cost approach to value houses.  It is generally considered the least reliable method of appraisal. Appraisal districts usually settle appeals at the informal hearing since it costs less and takes fewer resources. Appraisal property taxes, yard work and HVAC check-ups are just a few of the responsibilities for homeowners.