Home address: 2305 Barton Hills Dr
2021 Taxable Value: $ 948,751
Recent Sales Price: $ 660,000 – Over-taxed by 44%
Travis County property investors far too often pay excess 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.Winning a property tax protest is easy. Getting property owners to appeal is hard. Only 10% of Texan home owners appeal their property taxes.
Some homeowners believe “you can’t fight city hall.” But property owners win 60 to 80% of property tax appeals.Appraisal districts use the cost approach to value houses. It is generally considered the least reliable method of appraisal.Appraisal districts usually settle appeals at the informal hearing since it costs less and takes fewer resources.Protesting your property taxes annually is analogous to regularly changing the oil in your car. Preventative maintenance avoids serious problems.