Home address: 3131 Damascus Way
2021 Tax Assessment: $246,070
Recent Sales Price: $155,000 – Over-taxed by 59%
Most homeowners who do not appeal annually pay excess property taxes. One option to reduce your property taxes is to protest the market value. Unequal appraisal appeals compare the level of assessment of your house to comparable houses, typically on a per square foot basis. The majority who appeal their Texas property taxes are successful.
Owners are sometimes reluctant to protest property taxes due to a concern their value might be raised. It is difficult for appraisal districts to accurately value houses due to limited staff. Appraisal districts aggressively settle appeals since they have only 65 days to settle most of the appeals. Protest your property taxes on market value and unequal appraisal by May 15th annually. Protest even if you do not receive a value notice.