Home address: 3122 Oyster Cove Dr
2021 Taxable Value: $222,950
Recent Sales Price: $173,000 – Over-taxed by 29%
Half or more of Texas home owners are paying more than their fair share of property taxes. Protesting the appraisal district’s market value with usually reduce your property taxes. The lower value stands when appealing market value and unequal appraisal. Appeal both every year. Winning a property tax protest is easy. Getting property owners to appeal is hard. Only 10% of Texan home owners appeal their property taxes.
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. Mass appraisal models make it impossible for appraisal districts to accurately value most houses. Appraisal districts settle appeals at the informal level to avoid the time consuming and expensive appraisal review board hearings. Not appealing your property taxes annually is the equivalent of volunteering to pay extra property taxes.