Home address: 336 Ash Brook Ln

2021 Tax Assessment: $535,350

Recent Sales Price: $336,000 – Over-taxed by 59%

Dallas County property investors far too often pay excess property taxes. A market value appeal is based on the assessor’s value exceeding the market value of your home. Most market value protests are successful, typically saving the owner hundreds or thousands of dollars. An unequal appraisal appeal is easy to prepare.  Just find neighborhood homes with a lower level of assessment (per square foot). Summarize the data in a table.

Some homeowners do not appeal property taxes because they are not aware of this right. You can and should protest both market value and unequal appraisal annually. It is difficult for appraisal districts to accurately value homes since they rarely or never see the houses. Appraisal districts settle appeals at the informal level to avoid the time-consuming and expensive appraisal review board hearings. 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.