Home address: 1047 Sally Anne Dr
2021 Taxable Value: $119,460
Recent Sales Price: $92,500– Over-taxed by 29%
Appraisal district errors in setting assessed values cause Fort Bend County owners to pay extra taxes. Appraisal districts are flexible on market value appeals given the large number of houses they value and that are protested. Appraisal districts are flexible on market value appeals given the large number of houses they value and that are protested. 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. It is difficult for appraisal districts to accurately value houses due to limited staff. Appraisal districts are willing to settle property tax appeals because they realize their values are not precise. 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.