Home address: 4030 Larkspur
2021 Taxable Value: $308,530
Recent Sales Price: $227,500 – Over-taxed by 36%
Half or more of Texas home owners are paying more than their fair share of property taxes. One option to reduce you property taxes is to protest the market value. You can reduce your property taxes with an unequal appraisal appeal. The majority who appeal their Texas property taxes are 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. 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. 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.