Home address: 659 Hwy 164

2021 Tax Assessment: $181,570

Recent Sales Price: $140,000 – Over-taxed by 30%

McLennan County property investors far too often pay excess property taxes. Appraisal districts are flexible on market value appeals given a large number of houses they value and that are protested. 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 homeowners appeal their property taxes.

Many owners intended to appeal but the May 15^th date slipped by with no appeal.  If you want to appeal and it is slipping your mind, consider a consultant. It is impossible for 2,272 Texas appraisal district appraisers to track the physical condition and value of over 20 million properties. Appraisal districts settle appeals at the informal level to avoid the time-consuming and expensive appraisal review board hearings. Protest your property taxes on market value and unequal appraisal by May 15^th annually. Protest even if you do not receive a value notice.