Home address: 1518 S Missouri Ave

 2021 Taxable Value: $557,324

 Recent Sales Price: $372,500   – Over-taxed by 50%

Hidalgo County property investors far too often pay excess property taxes. Protest market value, get a few comparable sales as evidence and you are very likely to reduce your property taxes. The lower value stands when appealing market value and unequal appraisal.  Appeal both every year. It is difficult to persuade property owners to protest their property taxes.  But 60 to 80% of those who do are successful. 

Owners are sometimes reluctant to protest property taxes due to a concern their value might be raised.  This can’t and does not happen.  Since 2019, neither the appraisal district or the appraisal review board can increase a property tax assessment during a protest. Mass appraisal models make it impossible for appraisal districts to accurately value most houses. Appraisal districts aggressively settle appeals since they have only 65 days to settle most of the appeals. reasonable to rely on the appraisal district’s estimate. Property owners who appeal annually rarely pay more than their fair share.