Home address: 1307 E Parker Av
2021 Tax Assessment: $174,510
Recent Sales Price:$135,000 – Over-taxed by 29%
Most homeowners who do not appeal annually pay excess property taxes. Most market value protests are successful, typically saving the owner hundreds or thousands of dollars. Unequal appraisal appeals are valid when the assessment is below market value. Property tax appeals are often won with a smile and a bit of data.
Many owners do not protest because they do not understand the process. Most would appeal if they know how easy it is to have a high chance of success. It is impossible for 2272 Texas appraisal district appraisers to track physical condition and value for over 20 million properties. Appraisal districts settle appeals at the informal level to avoid the time consuming and expensive appraisal review board hearings. Not appealing your property taxes annually is the equivalent of volunteering to pay extra property taxes.