Home address: 3506 Alcorn Bend Dr

2021 Taxable Value: $773,650

Recent Sales Price: $510,000 – Over-taxed by 52%

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 intended to appeal but the May 15th date slipped by with no appeal. If you want to appeal and it is slipping your mind, consider a consultant. Appraisal districts use the cost approach to value houses. It is generally considered the least reliable method of appraisal. Appraisal districts settle appeals at the informal level to avoid the time consuming and expensive appraisal review board hearings. Protesting your property taxes annually is analogous to regularly changing the oil in your car. Preventative maintenance avoids serious problems.