Home address: 306 E Gulf St
2021 Taxable Value: $59,262
Recent Sales Price: $32,000 – Over-taxed by 85%
Harris County home owners are often unaware of the factors that cause them to pay extra taxes. Most market value protests are successful, typically saving the owner hundreds or thousands of dollars. Unequal appraisal appeals are valid when the assessment is below market value. The Texas Comptroller reports 80% of 2019 property tax appeals by homeowners were successful.
Many owners do not protest because they do not understand the process. Most would appeal if they know how easy it is to have a high chance of success. Mass appraisal models make it impossible for appraisal districts to accurately value most houses. One reason appraisal districts are motivated to settle protests is to maintain goodwill with the community. Property owners who appeal annually rarely pay more than their fair share.
