Home address: 5964 Fox Hill Ln

2021 Tax Assessment: $340,690

Recent Sales Price: $215,800 – Over-taxed by 58%

Dallas County homeowners are often unaware of the factors that cause them to pay extra taxes. A market value appeal is based on the assessor’s value exceeding the market value of your home. Check the unequal appraisal box on the protest form, or your unequal appraisal appeal will be ignored. 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. 

However, the appraisal district is MUCH too busy during the appeal season to even think about asking to inspect a property.  Assessors do not visit houses because of appeals. Appraisal districts use the cost approach to value houses.  It is generally considered the least reliable method of appraisal. 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. Protect your home by appealing property taxes annually.