Lower your property tax | Tip # 1
Did you purchase your home in the last year?
If the purchase price was lower than the current year’s appraised value, provide your HUD settlement statement as evidence to lower your tax appraisal. If your sold price from the last year is lower than the current tax year’s appraised value, you have a very strong and simple case. Simply provide the HUD statement and it is almost always lowered to that value, unless it was a short-sale, foreclosure, or non-open market transaction.
Keep an eye out in March and April for your property tax assessment notice. If your value increased, our property assessment evaluator can tell you if a protest is likely to be successful.
Check out these links for more help lowering property tax:
- Property tax appeal evidence – Learn about the documentation that gets you property tax relief
- 3 Step Strategy for lowering property taxes in Texas
- HCAD Property Tax Protest Statistics