Home address: 7721 Oldhaven St
2021 Taxable Value: $308,065
Recent Sales Price: $158,000 – Over-taxed by 95%
Half or more of Texas home owners are paying more than their fair share of property taxes. Appraisal districts are flexible on market value appeals given the large number of houses they value and that are protested. You can reduce your property taxes with an unequal appraisal appeal. The Texas Comptroller reports 80% of 2019 property tax appeals by home owners were successful.
Some property owners do not appeal due to a concern the appraisal district will want to inspect their house. However, the appraisal district is MUCH too busy during the appeal season to even think about asking to inspect a property. Assessors do not visit houses because of appeals. It is impossible for 2,272 Texas appraisal district appraisers to track physical condition and value for over 20 million properties. One reason appraisal districts are motivated to settle protests is to maintain goodwill with the community. Not appealing your property taxes annually is the equivalent of volunteering to pay extra property taxes.
