Home address: 6246 Clear Canyon Dr
2021 Taxable Value: $303,070
Recent Sales Price: $200,000 – Over-taxed by 52%
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. The majority who appeal their Texas property taxes are successful.
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. Incorrect property data such as grade, effective year built, condition, etc lead to substantial errors in appraisal district values for houses. Most tax protests are settled at the informal level so appraisers can return to measuring and valuing new construction. Property owners have a duty and responsibility to appraisal property taxes annually. It is not prudent or reasonable to rely on the appraisal district’s estimate.