Home address: 1218 Peacham Ct

2021 Taxable Value: $214440

Recent Sales Price: $150,000 – Over-taxed by 43%

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. Unequal appraisal is a powerful tool to reduce property taxes, but many homeowners are not aware of it and don’t use it. The majority who appeal their Texas property taxes 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 mass appraisal to value property, basically a math model. Overall results are OK. However, many homes are too high or low. Appraisal districts usually settle appeals at the informal hearing since it costs less and takes fewer resources. Appraisal property taxes, yard work and HVAC check-ups are just a few of the responsibilities for homeowners.