Home address: 1139 Poquito St

2021 Taxable Value: $413,995

Recent Sales Price: $235,000 – Over-taxed by 76%

Property tax assessments not carefully reviewed lead to paying more than your share of property taxes. Protesting the appraisal district’s market value with usually reduce your property taxes. Unequal appraisal appeals compare the level of assessment of your house to comparable houses, typically on a per square foot basis. It is difficult to persuade property owners to protest their property taxes.  But 60 to 80% of those who do are successful.

Some homeowners believe “you can’t fight city hall.”  But property owners win 60 to 80% of property tax appeals. It is difficult for appraisal districts to accurately value homes since they rarely or never see the houses. Appraisal districts are receptive to settling property tax protests for houses at the informal level because it has only a nominal impact on the total tax base. Property owners who appeal annually rarely pay more than their fair share.