Home address: 18015 Fm 762 Rd

2021 Taxable Value: $516,150

Recent Sales Price: $350,000 – Over-taxed by 47%

Fort Bend County home owners are often unaware of the factors that cause them to pay extra taxes. Appraisal districts are flexible on market value appeals given the large number of houses they value and that are protested. 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.

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. Appraisal districts use mass appraisal to value property, basically a math model. Overall results are OK. However, many homes are too high or low. Appraisal districts use mass appraisal to value property, basically a math model. Overall results are OK. However, many homes are too high or low. Property taxes are the largest tax most Texans face. But it is a stealth tax hidden in the mortgage payment, disguising the size of property taxes paid.