Home address: 4305 Mohawk Dr

2021 Taxable Value: $150,260

Recent Sales Price: $85,000 – Over-taxed by 77%

Dallas County property investors far too often pay excess property taxes. Appraisal districts are flexible on market value appeals given a large number of houses they value and that are protested. The lower value stands when appealing market value and unequal appraisal.  Appeal both every year. The majority who appeal their Texas property taxes are successful.

Owners are sometimes reluctant to protest property taxes due to a concern their value might be raised. Appraisal districts use the cost approach to value houses.  It is generally considered the least reliable method of appraisal. Appraisal districts are willing to settle property tax appeals because they realize their values are not precise. Property owners have a duty and responsibility to appraisal property taxes annually.  It is not prudent or reasonable to rely on the appraisal district’s estimate.