Home address: 113 Glenridge Dr

2021 Taxable Value: $151,860

Recent Sales Price: $75,000 – Over-taxed by 102%

Dallas County property investors far too often pay excess property taxes. A market value appeal is based on the assessor’s value exceeding the market value of your home. The lower value stands when appealing market value and unequal appraisal.  Appeal both every year. The Texas Comptroller reports 80% of 2019 property tax appeals by homeowners were successful.

Many owners do not protest because they do not understand the process.  Most would appeal if they know how easy it is the high chance of success. It is difficult for appraisal districts to accurately value homes since they rarely or never see the houses. Appraisal districts usually settle appeals at the informal hearing since it costs less and takes fewer resources. Protect your home by appealing property taxes annually.