Home address: 4403 Willow Beach Dr
2021 Tax Assessment: $170,707
Recent Sales Price: $97,000 – Over-taxed by 76%
Harris County homeowners are often unaware of the factors that cause them to pay extra taxes. Appraisal districts are flexible on market value appeals given a large number of houses they value and that are protested. The lower value stands when appealing market value and unequal appraisal. Appeal both every year. The Texas Comptroller reports 80% of 2019 property tax appeals by homeowners were successful.
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. Appraisal districts use the cost approach to value houses. It is generally considered the least reliable method of appraisal. Most tax protests are settled at the informal level so appraisers can return to measuring and valuing new construction. Protest your property taxes on market value and unequal appraisal by May 15th annually. Protest even if you do not receive a value notice.
