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Property tax protest strategy?

2,301 Views | 10 Replies | Last: 6 mo ago by Shelton98
Cromagnum
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AG
Bought a new (to us) home in Williamson County in August. The 2024 taxes dropped by about $20k for 2025, but that was still $30k higher than we just closed the deal at in August. I did the online protest and they reduced it roughly $25k more and landed $4k above our purchase price.

Should I just accept it and move on? Otherwise, I have to go to a formal hearing to keep arguing, and I don't know if it's worth it.
fightentxaggie05
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I've fought with WCAD many times. They are likely trending your August purchase price up to the effective appraisal date of 1/1/2025. This may make sense when the market is truly appreciating in a noticeable manner, but I can't say that that's the case these days. Having said that, save yourself the headache and accept the offer. You likely won't do better at the ARB, they are a rubber stamp for the district. The $4k in value equates to about $6.60/month in taxes.
a07nathanb
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AG
I went through something similar in 21. Bought the house then received the appraisal notice and it was about thirty thousand more than I paid. I sent in the contract and was able to get them to lower it to within 2k of what I paid. It didn't make sense to me why it wouldn't be the exact same as what I just paid but my time was worth more than the fight
Cromagnum
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I may not have a chance but going to try anyways. I looked at EVERY property in my neighborhood and saw that we are about $50 per square foot higher than everyone else on average that is similar age and square footage. Our home is missing amenities like a pool and outdoor kitchen that others have that still pay way less in taxes than we have. The 4 comps the appraisal district chose were a joke because they were magically the 4 highest valued ones, and 3 were clear across town. They ignored all the other homes in our neighborhood and i had close to 30 homes we could compare to that were all lower including one home that is an exact copy of ours, but a couple years newer.
cjsag94
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AG
So that suggests you overpaid when you bought then, doesn't it? It's definitely an interesting look into the inefficiency of this.. your analysis should prompt the appraisal district to raise everyone else's, not lower your's.

Are you looking at the appraisal board market value or appraised (taxable) value?
Cromagnum
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cjsag94 said:

So that suggests you overpaid when you bought then, doesn't it? It's definitely an interesting look into the inefficiency of this.. your analysis should prompt the appraisal district to raise everyone else's, not lower your's.

Are you looking at the appraisal board market value or appraised (taxable) value?


The assessed value.
Red Pear Felipe
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Have you tried asking your realtor for some comps of recently sold homes? I did that recently for one of my clients as she's protesting her taxes in Hays.
Sponsor Message: We Split Commissions. Full Service Agents in Austin, Bryan-College Station, Dallas-Fort Worth, Houston and San Antonio. Red Pear RealtyAustin Monthly
ClickClackAg31
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Anybody know what the best "evidence" to show tax appraiser the value of your home? I'm protesting mine, decided to do it myself rather than pay someone. Mostly because I was able to find a whole bunch of comps.

I found 8 houses in my neighborhood sold in the last 6 months (most in the last 3 months) and using the average $/sqft for all those home would drop my currently assessed value almost 10%. The judge can't look at that and say, ya no your home is worth what I say it is can they? If so, what else could I show?
cjsag94
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AG
Appraisal district shows market value and assessed value. When you say everyone else's assessed value is below your's, what about the market value of those others? The 10% cap increase on assessed value three past few years has often created that gap you mention.

You don't see that on your's because you just bought so you started at the increased market value.
Shelton98
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Cromagnum said:

Bought a new (to us) home in Williamson County in August. The 2024 taxes dropped by about $20k for 2025, but that was still $30k higher than we just closed the deal at in August. I did the online protest and they reduced it roughly $25k more and landed $4k above our purchase price.

Should I just accept it and move on? Otherwise, I have to go to a formal hearing to keep arguing, and I don't know if it's worth it.
Same here. I bought a home in Gregg County in January. On the market for 7 months with no offers and my offer was accepted immediately ($29K below list, $17K below mortgage appraisal). Just got my estimated property taxes and they assessed it $92K above what I paid for it. I called them for an informal protest and they dropped it $1K. I sent in my formal protest paperwork and will take it to the ARB panel and beyond if necessary.
Shelton98
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Shelton98 said:

Cromagnum said:

Bought a new (to us) home in Williamson County in August. The 2024 taxes dropped by about $20k for 2025, but that was still $30k higher than we just closed the deal at in August. I did the online protest and they reduced it roughly $25k more and landed $4k above our purchase price.

Should I just accept it and move on? Otherwise, I have to go to a formal hearing to keep arguing, and I don't know if it's worth it.
Same here. I bought a home in Gregg County in January. On the market for 7 months with no offers and my offer was accepted immediately ($29K below list, $17K below mortgage appraisal). Just got my estimated property taxes and they assessed it $92K above what I paid for it. I called them for an informal protest and they dropped it $1K. I sent in my formal protest paperwork and will take it to the ARB panel and beyond if necessary.


I won my protest hearing yesterday. Suck it GCAD.
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