Home address: 3530 Colorado Bend Dr

2021 Taxable Value: $424,150

Recent Sales Price: $329,990 – Over-taxed by 29%

Fort Bend County property investors far too often pay excess property taxes. Appraisal districts are flexible on market value appeals given the large number of houses they value and that are protested. Unequal appraisal appeals compare the level of assessment of your house to comparable houses, typically on a per square foot basis. 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 mass appraisal to value property, basically a math model. Overall results are OK. However, many homes are too high or low. One reason appraisal districts are motivated to settle protests is to maintain goodwill with the community. Not appealing your property taxes annually is the equivalent of volunteering to pay extra property taxes.