Home address: 7737 Yamini Dr

2021 Taxable Value: $928,160

Recent Sales Price: $460,000 – Over-taxed by 102%

Texas property owners can avoid paying excess property taxes by taking several basic steps. Protest market value, get a few comparable sales as evidence and you are very likely to reduce your 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. Appraisal districts are generally very receptive to settling tax appeals at the informal hearing.

Some property owners do not appeal due to a concern the appraisal district will want to inspect their house.  However, the appraisal district is MUCH too busy during the appeal season to even think about asking to inspect a property.  Assessors do not visit houses because of appeals. It is difficult for appraisal districts to accurately value houses due to limited staff. Appraisal districts are willing to settle property tax appeals because they realize their values are not precise. Property owners who appeal annually rarely pay more than their fair share.