Home address: 10120 Barberry St
2021 Taxable Value: $259,790
Recent Sales Price: $170,000 – Over-taxed by 53%
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. Appraisal districts are generally very receptive to settling tax appeals at the informal hearing.
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 homes since they rarely or never see the houses. Most tax protests are settled at the informal level so appraisers can return to measuring and valuing new construction. Appraisal property taxes, yard work and HVAC check-ups are just a few of the responsibilities for homeowners.