Home address: 3311 Oakdale St

2021 Taxable Value: $423,094

Recent Sales Price: $205,000 – Over-taxed by 106%

While most Texas home owners pay extra property taxes, there are several simple steps you can take to limit your tax bill. Protesting the appraisal district’s market value with usually reduce your property taxes. 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 do not protest because they do not understand the process.  Most would appeal if they know how easy it is the high chance of success. One reason it is difficult for appraisal districts to correctly value homes is they are not homogenous.  Some have been remodeled and some haven’t. Most tax protests are settled at the informal level so appraisers can return to measuring and valuing new construction. Property owners who appeal annually rarely pay more than their fair share.