Home address: 404 Sunset St
2021 Taxable Value: $131,060
Recent Sales Price: $90,000 – Over-taxed by 46%
Appraisal district errors in setting assessed values cause Midland County owners to pay extra taxes. Protest market value, get a few comparable sales as evidence and you are very likely to reduce your property taxes. Check the unequal appraisal box on the protest form or your unequal appraisal appeal will be ignored. It is difficult to persuade property owners to protest their property taxes. But 60 to 80% of those who do are successful.
Many owners do not protest because they do not understand the process. Most would appeal if they know how easy it is a high chance of success. Appraisal districts use the mass appraisal to value property, basically a math model. Overall results are OK. However, many homes are too high or low. Appraisal districts usually settle appeals at the informal hearing since it costs less and takes fewer resources. Protect your home by appealing property taxes annually.
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