Home address: 4426 Thaddeus Ct
2021 Taxable Value: $681,810
Recent Sales Price: $545,000 – Over-taxed by 25%
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.
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. One reason it is difficult for appraisal districts to correctly value homes is they are not homogenous. Some have been remodeled and some haven’t. Appraisal districts settle appeals at the informal level to avoid the time consuming and expensive appraisal review board hearings. Protest your property taxes on market value and unequal appraisal by May 15th annually. Protest even if you do not receive a value notice.