Home address: 3623 W Kansas Av
2021 Taxable Value: $231,200
Recent Sales Price: $160,000 – Over-taxed by 45%
Midland County homeowners are often unaware of the factors that cause them to pay extra taxes. Protesting the appraisal district’s market value will usually reduce your property taxes. Property owners can appeal to both market value and unequal appraisal. The majority who appeal their Texas property taxes are successful.
Property owners are sometimes reluctant to protest their property taxes because they believe the appeal process is difficult. It is not difficult and 60 to 80% of owners who appeal are successful. It is difficult for appraisal districts to accurately value houses due to limited staff. 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.
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