Home address: 14671 Oak Shores Dr

2021 Taxable Value: $451,620                                                          

Recent Sales Price: $354,860  – Over-taxed by 27%

Montgomery County property investors far too often pay excess property taxes. Market value property tax appeals save homeowners 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. It is difficult to persuade property owners to protest their property taxes.  But 60 to 80% of those who do 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. Appraisal districts use the cost approach to value houses.  It is generally considered the least reliable method of appraisal. 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. Appraisal property taxes, yard work and HVAC check-ups are just a few of the responsibilities for homeowners.