Home address: 1302 Saratoga Dr
2021 Taxable Value: $168,240
Recent Sales Price: $94,000 – Over-taxed by 79%
Appraisal district errors in setting assessed values cause Mclennan County owners to pay extra taxes. Market value property tax appeals save home owners an average of $500, according to Texas Comptroller Glen Hager, for 2019. Property owners can appeal both market value and unequal appraisal. 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 15th 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 physical condition and value for over 20 million properties. Tax protests are resolved at the informal hearing since the result is within a “reasonable range of value”. Appraisal is not an exact science and valuations are only an educated opinion of value, not a fact. Property taxes are the largest tax most Texans face. But it is a stealth tax hidden in the mortgage payment, disguising the size of property taxes paid.
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