Home address: 8322 Hunnicut Rd

2021 Taxable Value: $384,750

Recent Sales Price: $245,000 – Over-taxed by 57%

Dallas County homeowners are often unaware of the factors that cause them to pay extra taxes. Most market value protests are successful, typically saving the owner hundreds or thousands of dollars. You can reduce your property taxes with an unequal appraisal appeal. It is difficult to persuade property owners to protest their property taxes.  But 60 to 80% of those who do are successful.

Owners are sometimes reluctant to protest property taxes due to a concern their value might be raised.  This can’t and does not happen. 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. Tax protests are resolved at the informal hearing since the result is within a “reasonable range of value”.  Appraisal is not an exact science and valuations are only an educated opinion of value, not a fact. Property owners who appeal annually rarely pay more than their fair share.