Home address: 409 Brook Hollow Dr
2021 Taxable Value: $221,170
Recent Sales Price: $165,000 – Over-taxed by 34%
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.
Many owners do not protest because they do not understand the process. Most would appeal if they know how easy it is the high chance of success. It is difficult for appraisal districts to accurately value homes since they rarely or never see the houses. Appraisal districts settle appeals at the informal level to avoid the time consuming and expensive appraisal review board hearings. Protesting your property taxes annually is analogous to regularly changing the oil in your car. Preventative maintenance avoids serious problems.