Home address: 1506 Meadow Glade Ct
2021 Taxable Value: $464,790
Recent Sales Price: $335,000 – Over-taxed by 39%
Texas property owners can avoid paying excess property taxes by taking several basic steps. Either comparable sales or condition issues at your home are useful for a market value appeal of property taxes. You can reduce your property taxes with an unequal appraisal appeal. The Texas Comptroller reports 80% of 2019 property tax appeals by home owners were successful.
Property owners are sometimes reluctant to protest their property taxes because the believe the appeal process is difficult. It is not difficult and 60 to 80% of owners who appeal are successful. Incorrect property data such as grade, effective year built, condition, etc lead to substantial errors in appraisal district values for houses. Tax protests are resolved at the informal hearing since the result is within a “reasonable range of value”. Appraisal is not an exact science and valuations are only an educated opinion of value, not a fact. Protest your property taxes on market value and unequal appraisal by May 15th annually. Protest even if you do not receive a value notice.