Home address:11313 Southerland Dr
2021 Tax Assessment: $291,142
Recent Sales Price: $220,000 – Over-taxed by 32%
Most homeowners who do not appeal annually pay excess property taxes. Most market value protests are successful, typically saving the owner hundreds or thousands of dollars. Property owners can appeal to both market value and unequal appraisal. Some homeowners believe “you can’t fight city hall.” But property owners win 60 to 80% of property tax appeals.
Many owners do not protest because they do not understand the process. Most would appeal if they know how easy it is a high chance of success. It is impossible for 2272 Texas appraisal district appraisers to track physical condition and value for over 20 million properties. One reason appraisal districts are motivated to settle protests is to maintain goodwill with the community. Not appealing your property taxes annually is the equivalent of volunteering to pay extra property taxes.