Home address: 3901 Gorman Ave

2021 Tax Assessment: $210,010

Recent Sales Price: $160,000 – Over-taxed by 31%

McLennan County homeowners are often unaware of the factors that cause them to pay extra taxes. Protesting the appraisal district’s market value with usually reduce your property taxes. An unequal appraisal is a powerful tool to reduce property taxes, but many homeowners are not aware of it and don’t use it. Woody Allen said, “80% of success is showing up”. The same is true of property taxes. If you file an appeal and attend the hearing, your chance of reducing your property taxes is excellent.

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. Incorrect property data such as grade, effective year built, condition, etc lead to substantial errors in appraisal district values for 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. 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.