Home address: 5009 Ave K

2021 Taxable Value: $ 153,930

Recent Sales Price: $ 75,000 – Over-taxed by 105%

Galveston County property investors far too often pay excess property taxes. A market value appeal is based on the assessor’s value exceeding the market value of your home. Either comparable sales or condition issues at your home are useful for a market value appeal of property taxes. The Texas Comptroller reports 80% of 2019 property tax appeals by home owners were 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 impossible for 2,272 Texas appraisal district appraisers to track physical condition and value for over 20 million properties. Appraisal districts aggressively settle appeals since they have only 65 days to settle most of the appeals. Appraisal property taxes, yard work and HVAC check-ups are just a few of the responsibilities for homeowners.