Home address: 32803 Pecan Hill Dr

2021 Taxable Value: $509,760

Recent Sales Price: $270,000 – Over-taxed by 89%

While most Texas home owners pay extra property taxes, there are several simple steps you can take to limit your tax bill. Protest market value, get a few comparable sales as evidence and you are very likely to reduce your property taxes. Check the unequal appraisal box on the protest form, or your unequal appraisal appeal will be ignored. It is difficult to persuade property owners to protest their property taxes.  But 60 to 80% of those who do are successful.

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 the cost approach to value houses.  It is generally considered the least reliable method of appraisal. Appraisal districts aggressively settle appeals since they have only 65 days to settle most of the appeals. 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.