Is this a Joke? Harris County House over-valued by 76%

Home address: 534 Corvette Ln

2021 Tax Assessment: $123,309

Recent Sales Price: $70,000 – Over-taxed by 76%

Property tax assessments not carefully reviewed lead to paying more than your share of property taxes. Most market value protests are successful, typically saving the owner hundreds or thousands of dollars. The lower value stands when appealing market value and unequal appraisal.  Appeal both every year. Winning a property tax protest is easy. Getting property owners to appeal is hard.  Only 10% of Texan homeowners appeal their property taxes.

Many owners intended to appeal but the May 15^th date slipped by with no appeal.  If you want to appeal and it is slipping your mind, consider a consultant. 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. Protesting your property taxes annually is analogous to regularly changing the oil in your car.  Preventative maintenance avoids serious problems.