Home address: 5309 Greathouse Av

2021 Taxable Value: $515,010  

Recent Sales Price: $412,500 – Over-taxed by 50%

Half or more of Texas homeowners are paying more than their fair share of property taxes. Protesting the appraisal district’s market value will usually reduce your property taxes. An unequal appraisal appeal is easy to prepare.  Just find neighborhood homes with a lower level of assessment (per square foot).  Summarize the data in a table. The Texas Comptroller reports 80% of 2019 property tax appeals by homeowners were successful. 

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. It is impossible for 2,272 Texas appraisal district appraisers to track physical condition and value for over 20 million properties. One reason appraisal districts are motivated to settle protests is to maintain goodwill with the community. Property owners who appeal annually rarely pay more than their fair share.