Home address: 15084 Mcrae Lake
2021 Taxable Value: $218,240
Recent Sales Price: $160,000 – Over-taxed by 36%
While most Texas home owners pay extra property taxes, there are several simple steps you can take to limit your tax bill. While most Texas home owners pay extra property taxes, there are several simple steps you can take to limit your tax bill. Unequal appraisal is a powerful tool to reduce property taxes, but many homeowners are not aware of it and don’t use it. It is difficult to persuade property owners to protest their property taxes. But 60 to 80% of those who do are successful.
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. Incorrect property data such as grade, effective year built, condition, etc lead to substantial errors in appraisal district values for houses. Appraisal districts settle appeals at the informal level to avoid the time consuming and expensive appraisal review board hearings. Protect your home by appealing property taxes annually.