Home address: 2702 Fairway Dr

2021 Taxable Value: $427,290

Recent Sales Price: $321,100 – Over-taxed by 33%

Property tax assessments not carefully reviewed lead to paying more than your share of property taxes. Protest market value, get a few comparable sales as evidence and you are very likely to reduce your property taxes. Unequal appraisal appeals compare the level of assessment of your house to comparable houses, typically on a per square foot basis. The Texas Comptroller reports 80% of 2019 property tax appeals by home owners were successful.

Some homeowners do not appeal property taxes because they are not aware of this right. You can and should protest both market value and unequal appraisal annually. It is difficult for appraisal districts to accurately value homes since they rarely or never see the houses. Appraisal districts settle appeals at the informal level to avoid the time-consuming and expensive appraisal review board hearings. Protect your home by appealing property taxes annually.