Home address: 1808 Belt Line Rd

2021 Taxable Value: $106,710

Recent Sales Price: $57,000 – Over-taxed by 87%

Most home owners who do not appeal annually pay excess property taxes. Either comparable sales or condition issues at your home are useful for a market value appeal of property taxes. An unequal appraisal appeal is easy to prepare.  Just find neighborhood homes with a lower level of assessment (per square foot).  Summarize the data in a table. The Texas Comptroller reports 80% of 2019 property tax appeals by home owners were successful.

Some homeowners do not appeal property taxes because they are not aware of this right.  You can and should protest both market value and unequal appraisal annually. Mass appraisal models make it impossible for appraisal districts to accurately value most houses. Tax protests are resolved at the informal hearing since the result is within a “reasonable range of value”.  Appraisal is not an exact science and valuations are only an educated opinion of value, not a fact. Property owners who appeal annually rarely pay more than their fair share.