Home address: 11964 Midlake Dr

2021 Taxable Value: $631,860

Recent Sales Price: $380,000 – Over-taxed by 66%

Appraisal district errors in setting assessed values cause Dallas County owners to pay extra taxes. Protest market value, get a few comparable sales as evidence and you are very likely to reduce your property taxes. Property owners can appeal to both market value and unequal appraisal. Appraisal districts are generally very receptive to settling tax appeals at the informal hearing.

Many owners do not protest because they do not understand the process. Most would appeal if they know how easy it is a high chance of success. Incorrect property data such as grade, effective year built, condition, etc lead to substantial errors in appraisal district values for houses. Most tax protests are settled at the informal level so appraisers can return to measuring and valuing new construction. Property owners have a duty and responsibility to appraise property taxes annually. It is not prudent or reasonable to rely on the appraisal district’s estimate.