Home address: 806 Old Angleton Rd
2021 Taxable Value: $78,080
Recent Sales Price: $60,000 – Over-taxed by 30%
Half or more of Texas home owners are paying more than their fair share of property taxes. One option to reduce your property taxes is to protest the market value. Either comparable sales or condition issues at your home are useful for a market value appeal of property taxes. Appraisal districts are generally very receptive to settling tax appeals at the informal hearing.
Some homeowners believe “you can’t fight city hall.” But property owners win 60 to 80% of property tax appeals. It is impossible for 2,272 Texas appraisal district appraisers to track physical condition and value for over 20 million properties. Appraisal districts aggressively settle appeals since they have only 65 days to settle most of the appeals. 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.