Home address: 1014 Woodward

2021 Taxable Value: $37,260

Recent Sales Price: $21,000 – Over-taxed by 77%

Most home owners who do not appeal annually pay excess property taxes. One option to reduce your property taxes is to protest the market value. Unequal appraisal appeals are valid when the assessment is below market value. Winning a property tax protest is easy.  Getting property owners to appeal is hard.  Only 10% of Texan home owners appeal their property taxes.

Property owners are sometimes reluctant to protest their property taxes because the believe the appeal process is difficult.  It is not difficult and 60 to 80% of owners who appeal are successful. It is impossible for 2,272 Texas appraisal district appraisers to track physical condition and value for over 20 million properties. Appraisal districts are willing to settle property tax appeals because they realize their values are not precise. Property owners who appeal annually rarely pay more than their fair share.