Home address: 9905 Marine Cir
2021 Taxable Value: $173,110
Recent Sales Price: $128,000 – Overtaxed by 35%
Appraisal district errors in setting assessed values cause El Paso County owners to pay extra taxes. Market value property tax appeals save homeowners an average of $500, according to Texas Comptroller Glen Hager, for 2019. Check the unequal appraisal box on the protest form, or your unequal appraisal appeal will be ignored. 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. Appraisal districts use the cost approach to value houses. It is generally considered the least reliable method of appraisal. Appraisal districts are receptive to settling property tax protests for houses at the informal level because it has only a nominal impact on the total tax base. 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.