Home address: 181 Park Way

2021 Taxable Value: $304,350

Recent Sales Price: $205,000 – Over-taxed by 48%

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. 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 homeowners believe “you can’t fight city hall.” But property owners win 60 to 80% of property tax appeals. 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. Appraisal districts usually settle appeals at the informal hearing since it costs less and takes fewer resources. Protect your home by appealing property taxes annually.