Montgomery 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. 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 homeowners believe “you can’t fight city hall.” But property owners win 60 to 80% of property tax appeals. One reason it is difficult for appraisal districts to correctly value homes is they are not homogenous. Some have been remodeled and some haven’t. Appraisal districts are willing to settle property tax appeals because they realize their values are not precise. Protect your home by appealing property taxes annually.

Montgomery County Property

Tax Trends

The Montgomery County Appraisal District is responsible for valuing all real estate and personal property in the county. Property owners and property tax consultants then review the values and dispute excessive values. Here are graphs that represent the total value of property in Montgomery County and the total property tax reductions achieved through the appeal process.

MCAD Value Reduction By

Type of Appeal

Texans should appeal every property every year. This is because it is impossible for the appraisal district to accurately and equitably share the tax burden of Montgomery County. There is no cost to appeal and about 65% of appeals are successful.

In 2019, Montgomery County property owners who appealed and settled at the judicial hearing reduced the assessed value of their property by $200 million which is $350 million less than the value reduction achieved by formal ARB determination.