How to Protest Your Property Value

by Mike Yeo on May 7, 2011

Every year, your property value is assessed. If the appraisal district appraises your property at a higher amount than in the previous year, state law requires the appraisal district to send a notice by May 1 or by April 1 if your property is a residential homestead. The notice separate the appraised value of real and personal property and show an estimate of how much tax you would have to pay.

If you get your appraisal this year and had a sticker shock, you can file to protest the appraisal district regarding the assessed value. You can go through an informal appraisal review process with a member of the District’s staff.

To request an Informal Review, you may:

  • Do it in person at 250 W Eldorado Parkway, McKinney TX, Monday through Friday from 8 am to 5pm and on Thursday from 8 am to 7pm in May. This is a first come first serve basis so go soon.
  • By phone. Call 469-742-9200 or 866-467-1110
  • Mail to 250 W. Eldorado Parkway McKinney TX 75069

The best way is to go in person and meet with a District Staff member. They will typically finalized the process during the meeting unless more documentation is needed. What do you need for your protest?

You may provide the following relevant documents:

  • Contracts
  • Comparable Sales Data
  • Appraisals
  • Loan Documents
  • Repair estimates
  • Photographs

The reviewer will evaluate your case and may change the appraised value based on the review or may not. If you are not satisfy then you may file a written protest for a formal hearing with the Appraisal Review Board.

There is a deadline to protest. Please check your Appraisal Notice. If you decide to protest, make sure you start early. The longer you wait the long the process will be. So act NOW!

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This information is provided to you by 3:16 team REALTY with a commitment to support the Frisco TX community.

3:16 team REALTY is a locally-owned Frisco TX real estate brokerage that serves buyers and sellers in and around the Frisco TX areas.

Super-serving Frisco, Plano, Dallas, McKinney, Allen, Little Elm, Prosper & North Dallas area communities.
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This list is monitored and updated frequently by Loreena Yeo Realtor® in Frisco TX.
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