Home address: 906 Sorrel Lane East
2021 Tax Assessment: $3,46,530
Recent Sales Price: $2,70,000 – Over-taxed by 28%
While most Texas homeowners pay extra property taxes, there are several simple steps you can take to limit your tax bill. Most market value protests are successful, typically saving the owner hundreds or thousands of dollars. Property owners can appeal both market value and unequal appraisal. It is difficult to persuade property owners to protest their property taxes. But 60 to 80% of those who do are successful.
Some homeowners believe “you can’t fight city hall.” But property owners win 60 to 80% of property tax 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 are receptive to settling property tax protests for houses at the informal level because it has only a nominal impact on the total tax base. Appraisal property taxes yard work and HVAC check-ups are just a few of the responsibilities for homeowners.