Home address: 5406 White Birch Run
2021 Taxable Value: $1,273,610
Recent Sales Price: $854,700 – Over-taxed by 49%
Half or more of Texas home owners are paying more than their fair share of property taxes. Protesting the appraisal district’s market value with usually reduce your property taxes. Unequal appraisal appeals are valid when the assessment is below market value. Woody Allen said “80% of success is showing up”. The same is true of property taxes. If you file an appeal and attend the hearing, your chance of reducing your property taxes is excellent.
Some homeowners believe “you can’t fight city hall.” But property owners win 60 to 80% of property tax appeals. It is difficult for appraisal districts to accurately value homes since they rarely or never see the houses. One reason appraisal districts are motivated to settle protests is to maintain goodwill with the community. Property owners have a duty and responsibility to appraisal property taxes annually. It is not prudent or reasonable to rely on the appraisal district’s estimate.