Home address: 6112 Dunbarton Oaks Blvd
2021 Taxable Value: $1,798,640
Recent Sales Price: $950,000 – Over-taxed by 89%
Texas property owners can avoid paying excess property taxes by taking several basic steps. Most market value protests are successful, typically saving the owner hundreds or thousands of dollars. Property owners can appeal both market value and unequal appraisal. Woody Allen said “80% of success is showing up”. The same is true of property taxes. If you file an appeal and attend the hearing your chance of reducing your property taxes is excellent.
Many owners do not protest because they do not understand the process. Most would appeal if they know how easy it is the high chance of success. Mass appraisal models make it impossible for appraisal districts to accurately value most houses. Appraisal districts are willing to settle property tax appeals because they realize their values are not precise. Property owners have a duty and responsibility to appraisal property taxes annually. It is not prudent or reasonable to rely on the appraisal district’s estimate.
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