Home address: 701 Ashbrook Dr
2021 Taxable Value: $261,910
Recent Sales Price: $171,000 – Over-taxed by 53%
Half or more of Texas homeowners are paying more than their fair share of property taxes. Either comparable sales or condition issues at your home are useful for a market value appeal of property taxes. 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 knew how easy it is a high chance of success. It is difficult for appraisal districts to value homes correctly because they are not homogenous. Some have been remodeled and some haven’t. Appraisal districts usually settle appeals at the informal hearing since it costs less and takes fewer resources. Not appealing your property taxes annually is the equivalent of volunteering to pay extra property taxes.
