Home address: 403 Haverford Dr
2021 Taxable Value: $247,310
Recent Sales Price: $140,000 – Over-taxed by 77%
Appraisal district errors in setting assessed values cause Bexar County owners to pay extra taxes. Protesting the appraisal district’s market value with usually reduce your property taxes. Winning a property tax protest is easy. Getting property owners to appeal is hard. Only 10% of Texan home owners appeal their property taxes.
However, the appraisal district is MUCH too busy during the appeal season to even think about asking to inspect a property. Assessors do not visit houses because of appeals. 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. Protesting your property taxes annually is analogous to regularly changing the oil in your car. Preventative maintenance avoids serious problems.