Home address: 929 Oak Trl

2021 Taxable Value: $233,650

Recent Sales Price: $155,000 – Over-taxed by 51%

Dallas County homeowners are often unaware of the factors that cause them 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 compare the level of assessment of your house to comparable houses, typically on a per-square-foot basis. Appraisal districts are generally very receptive to settling tax appeals at the informal hearing.

Some homeowners believe “you can’t fight city hall.”  But property owners win 60 to 80% of property tax appeals. 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. 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. Property taxes are the largest tax most Texans face.  But it is a stealth tax hidden in the mortgage payment, disguising the size of property taxes paid.