Home address: 7264 Edgewater Dr
2021 Taxable Value: $198,820
Recent Sales Price: $150,000 – Over-taxed by 33%
Montgomery Appraisal district errors in setting assessed values cause Montgomery county owners to pay extra 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. Winning a property tax protest is easy. Getting property owners to appeal is hard. Only 10% of Texan homeowners appeal their property taxes.
Some homeowners believe “you can’t fight city hall.” But property owners win 60 to 80% of property tax appeals. One reason it is difficult for appraisal districts to correctly value homes is they are not homogenous. Some have been remodeled and some haven’t. Appraisal districts usually settle appeals at the informal hearing since it costs less and takes fewer resources. Appraisal property taxes, yard work and HVAC check-ups are just a few of the responsibilities for homeowners.