Home address: 531 Mullins

2021 Taxable Value: $173,220 

Recent Sales Price: $135,000– Over-taxed by 28%

Half or more of Texas homeowners are paying more than their fair share of property taxes. Most market value protests are successful, typically saving the owner hundreds or thousands of dollars. The lower value stands when appealing market value and unequal appraisal. Appeal both every year. Appraisal districts are generally very receptive to settling tax appeals at the informal hearing. 

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. One reason it is difficult for appraisal districts to correctly value homes is they are not homogenous.  Some have been remodeled and some haven’t. One reason appraisal districts are motivated to settle protests is to maintain goodwill with the community. Property owners have a duty and responsibility to appraise property taxes annually.  It is not prudent or reasonable to rely on the appraisal district’s estimate.