Home address: 405 E Carolyn Dr
2021 Tax Assessment: $180,410
Recent Sales Price: $120,000 – Over-taxed by 50%
Appraisal district errors in setting assessed values cause Dallas County owners to pay extra taxes. Market value property tax appeals save homeowners an average of $500, according to Texas Comptroller Glen Hager, for 2019. Unequal appraisal appeals compare the level of assessment of your house to comparable houses, typically on a per-square-foot basis. 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 a high chance of success. Incorrect property data such as grade, effective year built, condition, etc lead to substantial errors in appraisal district values for houses. Most tax protests are settled at the informal level so appraisers can return to measuring and valuing new construction. Property owners have a duty and responsibility to appraise property taxes annually. It is not prudent or reasonable to rely on the appraisal district’s estimate.