Home address: 8406 Baumgarten Dr

2021 Taxable Value: $487,490

Recent Sales Price: $320,000 – Over-taxed by 52%

Texas property owners can avoid paying excess property taxes by taking several basic steps. A market value appeal is based on the assessor’s value exceeding the market value of your home. You can reduce your property taxes with an unequal appraisal appeal. Winning a property tax protest is easy.  Getting property owners to appeal is hard.  Only 10% of Texan homeowners appeal their property taxes.

Property owners are sometimes reluctant to protest their property taxes because they believe the appeal process is difficult.  It is not difficult and 60 to 80% of owners who appeal are successful. Appraisal districts use the mass appraisal to value property, basically a math model.  Overall results are OK.  However, many homes are too high or low. One reason appraisal districts are motivated to settle protests is to maintain goodwill with the community. Protect your home by appealing property taxes annually.