Home address: 3306 Huisache St

2021 Taxable Value: $318,632

Recent Sales Price: $255,000 – Overtaxed by 25%

Denton County homeowners are often unaware of the factors that cause them to pay extra taxes. Market value property tax appeals save homeowners 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. 

Some property owners do not appeal due to a concern the appraisal district will want to inspect their house.  However, the appraisal district is MUCH too busy during the appeal season to even think about asking to inspect a property.  Assessors do not visit houses because of appeals. Appraisal districts use mass appraisal to value property, basically a math model. Overall results are OK. However, many homes are too high or low. One reason appraisal districts are motivated to settle protests is to maintain goodwill with the community. Protesting your property taxes annually is analogous to regularly changing the oil in your car. Preventative maintenance avoids serious problems.