Home address: 330 Insurance Rd
2021 Taxable Value: $237,490
Recent Sales Price: $120,000 – Over-taxed by 98%
Property tax assessments not carefully reviewed lead to paying more than your share of property taxes. Protesting the appraisal district’s market value with usually reduce your property taxes. An unequal appraisal appeal is easy to prepare. Just find neighborhood homes with a lower level of assessment (per square foot). Summarize the data in a table. The majority who appeal their Texas property taxes are successful.
Some property owners do not appeal due to a concern the appraisal district will want to inspect their house. However, the appraisal district is MUCH too busy during the appeal season to even think about asking to inspect a property. Assessors do not visit houses because of appeals. Mass appraisal models make it impossible for appraisal districts to accurately value most houses. One reason appraisal districts are motivated to settle protests is to maintain goodwill with the community. Protest your property taxes on market value and unequal appraisal by May 15th annually. Protest even if you do not receive a value notice.
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