Home address: 1319 Barclay Dr

2021 Taxable Value: $292,583

Recent Sales Price: $234,000 – Overtaxed by 25%

While most Texas homeowners pay extra property taxes, there are several simple steps you can take to limit your tax bill. One option to reduce your property taxes is to protest the market value. Unequal appraisal appeals are valid when the assessment is below market value. It is difficult to persuade property owners to protest their property taxes.  But 60 to 80% of those who do are successful. 

Property owners are sometimes reluctant to protest their property taxes because they believe the appeal process is difficult.  It is not difficult and 60 to 80% of owners who appeal are successful. Mass appraisal models make it impossible for appraisal districts to accurately value most houses. Appraisal districts settle appeals at the informal level to avoid the time-consuming and expensive appraisal review board hearings. 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.