Home address: 31023 Dobbin Hufsmith Rd
2021 Taxable Value: $114,170
Recent Sales Price: $90,000 – Over-taxed by 27%
Half or more of Texas homeowners are paying more than their fair share of property taxes. A market value appeal is based on the assessor’s value exceeding the market value of your home. The lower value stands when appealing market value and unequal appraisal. Appeal both every year. The majority who appeal their Texas property taxes 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. It is difficult for appraisal districts to accurately value houses due to limited staff. 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.