Home address: 702 Ruby Dr
2021 Taxable Value: $168,740
Recent Sales Price: $95,000 – Over-taxed by 78%
Texas property owners can avoid paying excess property taxes by taking several basic steps. Either comparable sales or condition issues at your home are useful for a market value appeal of property taxes. Check the unequal appraisal box on the protest form or your unequal appraisal appeal will be ignored. 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. 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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