Home address: 203 W Foster Ave

 2021 Taxable Value: $164,720

 Recent Sales Price: $79,000   – Over-taxed by 109%

McLennan County home owners are often unaware of the factors that cause them to pay extra taxes. Market value property tax appeals save home owners an average of $500, according to Texas Comptroller Glen Hager, for 2019. The lower value stands when appealing market value and unequal appraisal.  Appeal both every year. Appraisal districts are generally very receptive to settling tax appeals at the informal hearing.

Many owners do not protest because they do not understand the process.  Most would appeal if they know how easy it is the high chance of success. 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 aggressively settle appeals since they have only 65 days to settle most of the appeals. Property owners who appeal annually rarely pay more than their fair share.