Home address:1006 Neely Av
2021 Tax Assessment: $3,00,110 
Recent Sales Price: $2,35,000  – Over-taxed by 28%

Property tax assessments not carefully reviewed lead to paying more than your share of property taxes. Protesting the appraisal districts’ market value will usually reduce your property taxes. Property owners can appeal to both market value and unequal appraisal. Winning a property tax protest is easy.  Getting property owners to appeal is hard.  Only 10% of Texan homeowners appeal their property taxes.

Many owners do not protest because they do not understand the process.  Most would appeal if they know how easy it is a high chance of success. It is difficult for appraisal districts to accurately value homes since they rarely or never see the houses. Appraisal districts are willing to settle property tax appeals because they realize their values are not precise. Property owners have a duty and responsibility to appraisal property taxes annually.  It is not prudent or reasonable to rely on the appraisal district’s estimate.