Home address: 21139 Normandy Glen St

2021 Taxable Value: $271,710                                                                     

Recent Sales Price: $214,100 – Over-taxed by 27%

Property tax assessments not carefully reviewed lead to paying more than your share of property taxes. A market value appeal is based on the assessor’s value exceeding the market value of your home. Property owners can appeal both market value and unequal appraisal. Winning a property tax protest is easy. Getting property owners to appeal is hard.  Only 10% of Texan homeowners appeal their property taxes. 

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. Most tax protests are settled at the informal level so appraisers can return to measuring and valuing new construction. Property owners who appeal annually rarely pay more than their fair share.