Home address: 152 Trillium Ln
2021 Taxable Value: $374,790
Recent Sales Price: $220,000 – Over-taxed by 70%
Bexar county, most homeowners who do not appeal annually pay excess property taxes . Protesting the appraisal district’s market value with usually reduce your property taxes. You can reduce your property taxes with an unequal appraisal appeal. Unequal appraisal is a powerful tool to reduce property taxes, but many homeowners are not aware of it and don’t use it. Winning a property tax protest is easy. Getting property owners to appeal is hard. Only 10% of Texan homeowners appeal their property taxes.
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. 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. Appraisal districts usually settle appeals at the informal hearing since it costs less and takes fewer resources. Appraisal property taxes, yard work and HVAC check-ups are just a few of the responsibilities for homeowners.