Home address: 21478 Rose Mill Dr

2021 Taxable Value: $282,160

Recent Sales Price: $141,900 – Over-taxed by 99%

While most Texas home owners pay extra property taxes, there are several simple steps you can take to limit your tax bill. A market value appeal is based on the assessor’s value exceeding the market value of your home. Check the unequal appraisal box on the protest form, or your unequal appraisal appeal will be ignored. 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 aggressively settle appeals since they have only 65 days to settle most of the appeals. Property owners who appeal annually rarely pay more than their fair share.