Home address: 201 Olympic Dr

2021 Taxable Value: $262,352       

Recent Sales Price: $210,000 – Over-taxed by 25%

Property tax assessments not carefully reviewed lead to paying more than your share of property taxes. One option to reduce your property taxes is to protest the market value. Check the unequal appraisal box on the protest form, or your unequal appraisal appeal will be ignored. It is difficult to persuade property owners to protest their property taxes.  But 60 to 80% of those who do are successful. 

Some homeowners believe “you can’t fight city hall.”  But property owners win 60 to 80% of property tax appeals. It is difficult for appraisal districts to accurately value houses due to limited staff. Appraisal districts are receptive to settling property tax protests for houses at the informal level because it has only a nominal impact on the total tax base. Not appealing your property taxes annually is the equivalent of volunteering to pay extra property taxes.