Home address: 4901 Teakwood Trace
2021 Taxable Value: $460,290
Recent Sales Price: $335,000 – Over-taxed by 37%
Half or more of Texas homeowners are paying more than their fair share of property taxes. Appraisal districts are flexible on market value appeals given a large number of houses they value and that are protested. You can reduce your property taxes with an unequal appraisal appeal. Property tax appeals are often won with a smile and a bit of data.
Some homeowners do not appeal property taxes because they are not aware of this right. You can and should protest both market value and unequal appraisal annually. It is difficult for appraisal districts to accurately value homes since they rarely or never see the houses. Appraisal districts are willing to settle property tax appeals because they realize their values are not precise. Not appealing your property taxes annually is the equivalent of volunteering to pay extra property taxes.