Home address: 510 General Krueger Blvd
2021 Taxable Value: $188,090
Recent Sales Price: $110,000 – Over-taxed by 71%
While most Texas homeowners pay extra property taxes, there are several simple steps you can take to limit your tax bill. A market value appeal is based on the assessor’s value exceeding the market value of your home. The lower value stands when appealing market value and unequal appraisal. Appeal both every year. The majority who appeal their Texas property taxes are successful.
Property owners are sometimes reluctant to protest their property taxes because they believe the appeal process is difficult. It is not difficult and 60 to 80% of owners who appeal are successful. Incorrect property data such as grade, effective year built, condition, etc lead to substantial errors in appraisal district values for houses. Most tax protests are settled at the informal level so appraisers can return to measuring and valuing new construction. Not appealing your property taxes annually is the equivalent of volunteering to pay extra property taxes.