Home address: 241 Tall Timbers Rd

2021 Taxable Value: $187,140

Recent Sales Price: $105,000 – Over-taxed by 78%

Appraisal district errors in setting assessed values cause Montgomery County owners to pay extra taxes. Market value property tax appeals save home owners an average of $500, according to Texas Comptroller Glen Hager, for 2019. Unequal appraisal is a powerful tool to reduce property taxes, but many homeowners are not aware of it and don’t use it. 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. It is impossible for 2,272 Texas appraisal district appraisers to track physical condition and value for over 20 million properties. 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. Not appealing your property taxes annually is the equivalent of volunteering to pay extra property taxes.