Home address: 4713 Spring Meadow Ln 8
2021 Taxable Value: $355,960  
Recent Sales Price: $254,500  – Over-taxed by 40%

Property tax assessments not carefully reviewed lead to paying more than your share of property taxes. Either comparable sales or condition issues at your home are useful for a market value appeal of property taxes. The lower value stands when appealing market value and unequal appraisal.  Appeal both every year. Appraisal districts are generally very receptive to settling tax appeals at the informal hearing.

Owners are sometimes reluctant to protest property taxes due to a concern their value might be raised.  This can’t and does not happen.  Since 2019, neither the appraisal district or the appraisal review board can increase a property tax assessment during a protest. It is difficult for appraisal districts to accurately value homes since they rarely or never see the houses. Appraisal districts usually settle appeals at the informal hearing since it costs less and takes fewer resources. Protest your property taxes on market value and unequal appraisal by May 15th annually.  Protest even if you do not receive a value notice.