Home address: 2916 Healey Dr
2021 Tax Assessment: $250,000
Recent Sales Price: $158,000 – Over-taxed by 58%
Appraisal district errors in setting assessed values cause Dallas County owners to pay extra taxes. Either comparable sales or condition issues at your home are useful for a market value appeal of property taxes. Unequal appraisal appeals are valid when the assessment is below market value. Winning a property tax protest is easy. Getting property owners to appeal is hard. Only 10% of Texan homeowners appeal their property taxes.
Some property owners do not appeal due to a concern the appraisal district will want to inspect their house. Incorrect property data such as grade, effective year built, condition, etc lead to substantial errors in appraisal district values for houses. 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. Not appealing your property taxes annually is the equivalent of volunteering to pay extra property taxes.
