Home address: 18324 Deer Glen West
2021 Taxable Value: $186,820
Recent Sales Price: $135,000 – Over-taxed by 38%
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.
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. One reason it is difficult for appraisal districts to correctly value homes is they are not homogenous. Some have been remodeled and some haven’t. Most tax protests are settled at the informal level so appraisers can return to measuring and valuing new construction. Property taxes are the largest tax most Texans face. But it is a stealth tax hidden in the mortgage payment, disguising the size of property taxes paid.