Home address: 8047 Sunshine Trail Dr
2021 Taxable Value: $197,120
Recent Sales Price: $105,000 – Over-taxed by 88%
Most homeowners who do not appeal annually pay excess property taxes. Market value property tax appeals save homeowners an average of $500 according to Texas Comptroller Glen Hager for 2019. Unequal appraisal appeals are valid when the assessment is below market value. Appraisal districts are generally very receptive to settling tax appeals at the informal hearing.
Some homeowners do not appeal property taxes because they are not aware of this right. You can and should protest both market value and unequal appraisal annually. It is difficult for appraisal districts to accurately value houses due to limited staff. Appraisal districts are willing to settle property tax appeals because they realize their values are not precise. Property taxes are the largest tax most Texans face. But it is a stealth tax hidden in the mortgage payment disguising the size of property taxes paid.
