Home address: 702 Ridgedale Dr

2021 Taxable Value: $241,650

Recent Sales Price: $155,000 – Over-taxed by 56%

Half or more of Texas homeowners are paying more than their fair share of property taxes. Protest market value, get a few comparable sales as evidence and you are very likely to reduce your property taxes. Unequal appraisal is a powerful tool to reduce property taxes, but many homeowners are not aware of it and don’t use it. It is difficult to persuade property owners to protest their property taxes.  But 60 to 80% of those who do are successful.

Many owners intended to appeal but the May 15th date slipped by with no appeal.  If you want to appeal and it is slipping your mind, consider a consultant. 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.