Home address: 231 Coyol St
2021 Taxable Value: $21,180
Recent Sales Price: $12,500 – Over-taxed by 69%
Bexar County homeowners are often unaware of the factors that cause them to pay extra taxes. Most market value protests are successful, typically saving the owner hundreds or thousands of dollars. You can reduce your property taxes with an unequal appraisal appeal. Winning a property tax protest is easy. Getting property owners to appeal is hard. Only 10% of Texan homeowners appeal their property taxes.
Some property owners do not appeal due to a concern the appraisal district will want to inspect their house. 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. Appraisal districts usually settle appeals at the informal hearing since it costs less and takes fewer resources. Property owners who appeal annually rarely pay more than their fair share.