Home address: 15318 Wildwood Trce
2021 Taxable Value: $491,220
Recent Sales Price: $380,900 – Over-taxed by 29%
Appraisal district errors in setting assessed values cause Montgomery County owners to pay extra taxes. Appraisal districts are flexible on market value appeals given the large number of houses they value and that are protested. You can reduce your property taxes with an unequal appraisal appeal. Winning a property tax protest is easy. Getting property owners to appeal is hard. Only 10% of Texan homeowners appeal their property taxes.
Some homeowners believe “you can’t fight city hall.” But property owners win 60 to 80% of property tax appeals. It is impossible for 2,272 Texas appraisal district appraisers to track physical condition and value for over 20 million properties. Appraisal districts aggressively settle appeals since they have only 65 days to settle most of the appeals. Protesting your property taxes annually is analogous to regularly changing the oil in your car. Preventative maintenance avoids serious problems.