Home address: 2642 County Road 159
2021 Taxable Value: $314,120
Recent Sales Price: $240,000 – Over-taxed by 31%
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. Property owners can appeal both market value and unequal appraisal. The Texas Comptroller reports 80% of 2019 property tax appeals by home owners were successful
It is impossible for 2,272 Texas appraisal district appraisers to track physical condition and value for over 20 million properties. One reason appraisal districts are motivated to settle protests is to maintain goodwill with the community. Appraisal property taxes, yard work and HVAC check-ups are just a few of the responsibilities for homeowners. Many owners do not protest because they do not understand the process. Most would appeal if they know how easy it is the high chance of success.