Home address: 17227 Box Canyon Dr
2021 Tax Assessment: $218,238
Recent Sales Price: $122,842 – Over-taxed by 78%
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. An unequal appraisal is a powerful tool to reduce property taxes, but many homeowners are not aware of it and don’t use it. The Texas Comptroller reports that 80% of 2019 property tax appeals by homeowners were successful.
Many owners do not protest because they do not understand the process. Most will appeal if they know how easy it is and 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. Appraisal districts are willing to settle property tax appeals because they realize their values are not precise. Protect your home by appealing property taxes annually.
