Home address: 1527 Mustang Xing

2021 Taxable Value: $260,090

Recent Sales Price: $154,000 – Over-taxed by 69%

Property tax assessments not carefully reviewed lead to paying more than your share of property taxes. Market value property tax appeals save homeowners an average of $500, according to Texas Comptroller Glen Hager, for 2019. The lower value stands when appealing market value and unequal appraisal. Appeal both every year. It is difficult to persuade property owners to protest their property taxes. But 60 to 80% of those who do are successful.

Some homeowners believe “you can’t fight city hall.” But property owners win 60 to 80% of property tax appeals. It is impossible for 2,272 Texas appraisal district appraisers to track physical condition and value for over 20 million properties. 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.