Home address: 1033 Essex Dr

2021 Taxable Value: $298,410

Recent Sales Price: $180,000 – Over-taxed by 66%

Dallas County homeowners are often unaware of the factors that cause them to pay extra taxes. A market value appeal is based on the assessor’s value exceeding the market value of your home. Check the unequal appraisal box on the protest form, or your unequal appraisal appeal will be ignored. Woody Allen said, “80% of success is showing up”.  The same is true of property taxes.  If you file an appeal and attend the hearing, your chance of reducing your property taxes is excellent. 

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. One reason it is difficult for appraisal districts to correctly value homes is they are not homogenous.  Some have been remodeled and some haven’t. Appraisal districts settle appeals at the informal level to avoid the time-consuming and expensive appraisal review board hearings. 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.