Home address: 5922 Caldicote St
2021 Tax Assessment: $215,805
Recent Sales Price: $118,000 – Over-taxed by 83%
While most Texas homeowners pay extra property taxes, there are several simple steps you can take to limit your tax bill. One option to reduce you property taxes is to protest the market value. 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 80% of 2019 property tax appeals by homeowners were successful.
Many owners intended to appeal but the May 15th 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. Appraisal districts usually settle appeals at the informal hearing since it costs less and takes fewer resources. Appraisal property taxes, yard work and HVAC check-ups are just a few of the responsibilities for homeowners.
