Home address: 1338 Beech Dr

2021 Taxable Value: $292,040                                                                                 

Recent Sales Price: $230,860 – Over-taxed by 27%

Appraisal district errors in setting assessed values cause Montgomery County owners to pay extra taxes. One option to reduce your property taxes is to protest the market value. Property owners can appeal both market value and unequal appraisal. 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. It is difficult for appraisal districts to accurately value houses due to limited staff. 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.Protect your home by appealing property taxes annually.