Home address: 626 Rilla Dr

2021 Taxable Value: $195,670

Recent Sales Price: $124,600 – Over-taxed by 57%

Most homeowners who do not appeal annually pay excess property taxes. A market value appeal is based on the assessor’s value exceeding the market value of your home. Property owners can appeal both market value and unequal appraisal. Winning a property tax protest is easy.  Getting property owners to appeal is hard.  Only 10% of Texan homeowners appeal their property taxes.

However, the appraisal district is MUCH too busy during the appeal season to even consider asking to inspect a property.  Assessors do not visit houses because of appeals. Appraisal districts use the mass appraisal to value property, basically a math model.  Overall results are OK.  However, many homes are too high or low. Appraisal districts aggressively settle appeals since they have only 65 days to settle most of the appeals. Appraisal property taxes, yard work and HVAC check-ups are just a few of the responsibilities for homeowners.