Home address: 118 Ethans Xing

2021 Taxable Value: $406,750

Recent Sales Price: $304,400 – Over-taxed by 34%

Montgomery County property investors far too often pay excess property taxes. Protesting the appraisal district’s market value with usually reduce your property taxes. Property owners can appeal both market value and unequal appraisal. The majority who appeal their Texas property taxes are successful.

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. Appraisal districts use the cost approach to value houses. It is generally considered the least reliable method of appraisal. Appraisal districts are receptive to settling property tax protests for houses at the informal level because it has only a nominal impact on the total tax base. Not appealing your property taxes annually is the equivalent of volunteering to pay extra property taxes.