Home address: 14423 Victoria St
2021 Tax Assessment: $299,767
Recent Sales Price: $168,000 – Over-taxed by 78%
Half or more of Texas homeowners are paying more than their fair share of property taxes. A market value appeal is based on the assessor’s value exceeding the market value of your home. The lower value stands when appealing market value and unequal appraisal. Appeal both every year. Appraisal districts are generally very receptive to settling tax appeals at the informal hearing.
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. Incorrect property data such as grade, effective year built, condition, etc lead to substantial errors in appraisal district values for houses. Tax protests are resolved at the informal hearing since the result is within a “reasonable range of value”. An appraisal is not an exact science and valuations are only an educated opinion of value, not a fact. Appraisal property taxes, yard work, and HVAC check-ups are just a few of the responsibilities for homeowners.
