Home address: 4114 Gairloch Ln
2021 Tax Assessment: $628,263
Recent Sales Price: $360,000 – Over-taxed by 75%
Appraisal district errors in setting assessed values cause County owners to pay extra 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. Woody Allen said, “80% of success is showing up”. The same is true of property taxes. If you file an appeal and attend the hearing, your chance of reducing your property taxes is excellent.
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. 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 are willing to settle property tax appeals because they realize their values are not precise. Not appealing your property taxes annually is the equivalent of volunteering to pay extra property taxes.
