Home address: 5633 Kensington Cir
2021 Taxable Value: $113,050
Recent Sales Price: $82,500 – Overtaxed by 37%
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. You can reduce your property taxes with an unequal appraisal appeal. 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. It is difficult for appraisal districts to accurately value houses due to limited staff. Appraisal districts aggressively settle appeals since they have only 65 days to settle most of the appeals. 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.