Home address: 11023 Newport Bridge Ln
2021 Taxable Value: $417,380
Recent Sales Price: $315,000 – Over-taxed by 33%
While most Texas home owners pay extra property taxes, there are several simple steps you can take to limit your tax bill. One option to reduce your property taxes is to protest the market value. Unequal appraisal appeals are valid when the assessment is below market value. Property tax appeals are often won with a smile and a bit of data.
Some homeowners believe “you can’t fight city hall.” But property owners win 60 to 80% of property tax appeals. It is impossible for 2,272 Texas appraisal district appraisers to track physical condition and value for over 20 million properties. Appraisal districts settle appeals at the informal level to avoid the time consuming and expensive appraisal review board hearings. Not appealing your property taxes annually is the equivalent of volunteering to pay extra property taxes.