Home address: 14 Seminole

2021 Taxable Value: $208,960

Recent Sales Price: $157,500 – Over-taxed by 33%

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. Unequal appraisal appeals compare the level of assessment of your house to comparable houses, typically on a per square foot basis. 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. Not appealing your property taxes annually is the equivalent of volunteering to pay extra property taxes. 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.