Home address: 29114 Waltham St
2021 Taxable Value: $209,260
Recent Sales Price: $145,000 – Over-taxed by 44%
Texas property owners can avoid paying excess property taxes by taking several basic steps. Market value property tax appeals save homeowners an average of $500, according to Texas Comptroller Glen Hager, for 2019. Unequal appraisal appeals compare the level of assessment of your house to comparable houses, typically on a per square foot basis. Unequal appraisal appeals compare the level of assessment of your house to comparable houses, typically on a per square foot basis.
Some homeowners do not appeal property taxes because they are not aware of this right. You can and should protest both market value and unequal appraisal annually. Appraisal districts use mass appraisal to value property, basically a math model. Overall results are OK. However, many homes are too high or low. Most tax protests are settled at the informal level so appraisers can return to measuring and valuing new construction. Not appealing your property taxes annually is the equivalent of volunteering to pay extra property taxes.