Home address: 27551 S Lazy Meadow Way

2021 Taxable Value: $1,838,800

Recent Sales Price: $1,325,000 – Over-taxed by 39%

While most Texas home owners pay extra property taxes, there are several simple steps you can take to limit your tax bill. Protest market value, get a few comparable sales as evidence and you are very likely to reduce your property taxes. Unequal appraisal appeals are valid when the assessment is below market value. The Texas Comptroller reports 80% of 2019 property tax appeals by home owners were successful.

Many owners intended to appeal but the May 15th date slipped by with no appeal. If you want to appeal and it is slipping your mind, consider a consultant. It is impossible for 2,272 Texas appraisal district appraisers to track physical condition and value for over 20 million properties. Appraisal districts are willing to settle property tax appeals because they realize their values are not precise. Property owners have a duty and responsibility to appraisal property taxes annually. It is not prudent or reasonable to rely on the appraisal district’s estimate.