Home address: 26231 Crown Ranch Blvd
2021 Taxable Value: $750,610
Recent Sales Price: $590,000 – Over-taxed by 27%
Montgomery County property investors far too often pay excess property taxes. Protest market value, get a few comparable sales as evidence and you are very likely to reduce your property taxes. You can reduce your property taxes with an unequal appraisal appeal. It is difficult to persuade property owners to protest their property taxes. But 60 to 80% of those who do are successful.
Many owners do not protest because they do not understand the process. Most would appeal if they know how easy it is the high chance of success. Mass appraisal models make it impossible for appraisal districts to accurately value most houses. Appraisal districts are willing to settle property tax appeals because they realize their values are not precise. Not appealing your property taxes annually is the equivalent of volunteering to pay extra property taxes.