Home address: 6455 E Middle Bosque

2021 Tax Assessment: $1,734,290

Recent Sales Price: $1,350,000 – Over-taxed by 28%

Property tax assessments not carefully reviewed lead to paying more than your share of property taxes. Market value property tax appeals save homeowners an average of $500, according to Texas Comptroller Glen Hager, for 2019. 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.

Some homeowners do not appeal property taxes because they are not aware of this right.  You can and should protest both market value and unequal appraisal annually. 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 15th annually. Protest even if you do not receive a value notice.