Home address: 533 Clancy Ln

2021 Taxable Value: $347,896 

Recent Sales Price: $270,000 – Over-taxed by 29%

Appraisal district errors in setting assessed values cause Denton County owners to pay extra taxes. Appraisal districts are flexible on market value appeals given the large number of houses they value and that are protested. An unequal appraisal appeal is easy to prepare.  Just find neighborhood homes with a lower level of assessment (per square foot).  Summarize the data in a table. The majority who appeal their Texas property taxes are successful. 

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. It is difficult for appraisal districts to accurately value homes since they rarely or never see the houses. 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. Protesting your property taxes annually is analogous to regularly changing the oil in your car.  Preventative maintenance avoids serious problems.