Home address: 9011 Viking Dr
2021 Taxable Value: $527,211
Recent Sales Price: $328,000 – Over-taxed by 61%
Appraisal district errors in setting assessed values cause Travis County owners to pay extra taxes. One option to reduce you property taxes is to protest the market value. Property owners can appeal both market value and unequal appraisal. 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. Appraisal districts use mass appraisal to value property, basically a math model. Overall results are OK. However, many homes are too high or low. 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.