Home address: 6510 Spring Leaf Dr
2021 Tax Assessment: $306,719
Recent Sales Price: $173,250 – Over-taxed by 77%
Texas property owners can avoid paying excess property taxes by taking several basic steps. A market value appeal is based on the assessor’s value exceeding the market value of your home. An unequal appraisal is a powerful tool to reduce property taxes, but many homeowners are not aware of it and don’t use it. Woody Allen said, “80% of success is showing up”. The same is true of property taxes. If you file an appeal and attend the hearing, your chance of reducing your property taxes is excellent.
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 mass appraisal to value property, basically a math model. Overall results are OK. However, many homes are too high or low. Most tax protests are settled at the informal level so appraisers can return to measuring and valuing new construction. Appraisal property taxes, yard work, and HVAC check-ups are just a few of the responsibilities for homeowners.
