Home address: 16 Lakes Dr
2021 Taxable Value: $1,272,630  
Recent Sales Price:$825,000  – Over-taxed by 54%

Midland County property investors far too often pay excess property taxes. One option to reduce your property taxes is to protest the market value. Unequal appraisal appeals compare the level of assessment of your house to comparable houses typically on a per square foot basis. 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 to have a high chance of success. It is difficult for appraisal districts to accurately value houses due to limited staff. Most tax protests are settled at the informal level so appraisers can return to measuring and valuing new construction. Protect your home by appealing property taxes annually.