Home address: 22323 Greenbrook Dr
2021 Tax Assessment: $191,742
Recent Sales Price: $105,000 – 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. Appraisal districts are flexible on market value appeals given the large number of houses they value and that are protested. Unequal appraisal is a powerful tool to reduce property taxes, but many homeowners are not aware of it and don’t use it. The Texas Comptroller reports 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. 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.
