Home address: 14921 Old Humble Pipeline Rd
2021 Taxable Value: $94,940
Recent Sales Price: $75,000 – Over-taxed by 27%
Most homeowners who do not appeal annually pay excess property taxes. Most market value protests are successful, typically saving the owner hundreds or thousands of dollars. Property owners can appeal both market value and unequal appraisal. Appraisal districts are generally very receptive to settling tax appeals at the informal hearing.
Owners are sometimes reluctant to protest property taxes due to a concern their value might be raised. This can’t and does not happen. Since 2019, neither the appraisal district or the appraisal review board can increase a property tax assessment during a protest. 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. Protect your home by appealing property taxes annually.