Home address: 221 Woodside Ln
2021 Taxable Value: $366,200
Recent Sales Price: $282,000 – Over-taxed by 30%
Appraisal district errors in setting assessed values cause Montgomery County owners to pay extra taxes. A market value appeal is based on the assessor’s value exceeding the market value of your home. Check the unequal appraisal box on the protest form, or your unequal appraisal appeal will be ignored. The majority who appeal their Texas property taxes are successful.
Many owners do not protest because they do not understand the process. Most would appeal if they know how easy it is to have a high chance of success. Incorrect property data such as grade, effective year built, condition, etc lead to substantial errors in appraisal district values for houses. Appraisal districts are willing to settle property tax appeals because they realize their values are not precise. Protest your property taxes on market value and unequal appraisal by May 15th annually. Protest even if you do not receive a value notice.