Home address: 16492 Fm 3083 Rd
2021 Taxable Value: $85,010
Recent Sales Price: $65,000 – Over-taxed by 31%
Montgomery County property investors far too often pay excess property taxes. A market value appeal is based on the assessor’s value exceeding the market value of your home. Unequal appraisal appeals are valid when the assessment is below market value. Woody Allen said “80% of success is showing up”. The same is true of property taxes. If you file an appeal and attend the hearing, your chance of reducing your property taxes is excellent.
Some homeowners believe “you can’t fight city hall.” But property owners win 60 to 80% of property tax appeals. Mass appraisal models make it impossible for appraisal districts to accurately value most houses. Appraisal districts aggressively settle appeals since they have only 65 days to settle most of the appeals. Appraisal property taxes, yard work and HVAC check-ups are just a few of the responsibilities for homeowners.