Home address: 13650 Old Texaco Rd
2021 Taxable Value: $147,580
Recent Sales Price: $75,000 – Over-taxed by 97%
Texas property owners can avoid paying excess property taxes by taking several basic steps. Most market value protests are successful, typically saving the owner hundreds or thousands of dollars. Property owners can appeal both market value and unequal appraisal. It is difficult to persuade property owners to protest their property taxes. But 60 to 80% of those who do are successful.
Property owners are sometimes reluctant to protest their property taxes because the believe the appeal process is difficult. It is not difficult and 60 to 80% of owners who appeal are successful. Mass appraisal models make it impossible for appraisal districts to accurately value most houses. Tax protests are resolved at the informal hearing since the result is within a “reasonable range of value”. Appraisal is not an exact science and valuations are only an educated opinion of value, not a fact. Property taxes are the largest tax most Texans face. But it is a stealth tax hidden in the mortgage payment, disguising the size of property taxes paid.
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