Home address: 2623 Red River St

2021 Taxable Value: $209,750

Recent Sales Price: $130,000 – Over-taxed by 61%

Property tax assessments not carefully reviewed lead to paying more than your share of property taxes. Protest market value, get a few comparable sales as evidence, and you will likely reduce your property taxes. Check the unequal appraisal box on the protest form, or your unequal appraisal appeal will be ignored. Appraisal districts are generally very receptive to settling tax appeals at the informal hearing.

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. 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 aggressively settle appeals since they have only 65 days to settle most of the appeals. Protest your property taxes on market value and unequal appraisal by May 15th annually.  Protest even if you do not receive a value notice.