Home address: 1206 Glenn Ave
2021 Tax Assessment: $87,938
Recent Sales Price: $50,000 – Over-taxed by 76%
Most homeowners who do not appeal annually pay excess property taxes. Protest market value, get a few comparable sales as evidence and you are very likely to reduce your property taxes. An unequal appraisal appeal is easy to prepare. Just find neighborhood homes with a lower level of assessment (per square foot). Summarize the data in a table. The Texas Comptroller reports that 80% of 2019 property tax appeals by homeowners were successful.
Property owners are sometimes reluctant to protest their property taxes because the believe the appeal process is difficult. It is not difficult and 60 to 80% of owners who appeal are successful. It is impossible for 2,272 Texas appraisal district appraisers to track the physical condition and value of over 20 million properties. Most tax protests are settled at the informal level so appraisers can return to measuring and valuing new construction. Appraisal property taxes, yard work, and HVAC check-ups are just a few of the responsibilities for homeowners.
