Home address: 21316 Lake View Rd

2021 Taxable Value: $367,870

Recent Sales Price: $275,000 – Over-taxed by 34%

Texas property owners can avoid paying excess property taxes by taking several basic steps. Appraisal districts are flexible on market value appeals given the large number of houses they value and that are protested. Unequal appraisal appeals are valid when the assessment is below market value. The Texas Comptroller reports 80% of 2019 property tax appeals by home owners were successful.

Some homeowners believe “you can’t fight city hall.” But property owners win 60 to 80% of property tax appeals. Appraisal districts use mass appraisal to value property, basically a math model. Overall results are OK. However, many homes are too high or low. Appraisal districts aggressively settle appeals since they have only 65 days to settle most of the appeals. Protest your property taxes on market value and unequal appraisal by May 15th annually. Protest even if you do not receive a value notice.