Home address: 1965 Bayside St

2021 Taxable Value: $613,610

Recent Sales Price: $309,900 – Over-taxed by 98%

Dallas County property investors far too often pay excess property taxes. Market value property tax appeals save home owners an average of $500, according to Texas Comptroller Glen Hager, for 2019. Unequal appraisal is a powerful tool to reduce property taxes, but many homeowners are not aware of it and don’t use it. Appraisal districts are generally very receptive to settling tax appeals at the informal hearing.

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. One reason it is difficult for appraisal districts to correctly value homes is they are not homogenous.  Some have been remodeled and some haven’t. 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.