Protesting Property Taxes in Austin

As the Travis County Appraisal District (TCAD) started their process of appraising properties I published a Blog with their calendar information.
Austins Property Tax Calendar

Then I published a small Blog about protesting. I own properties in Travis and Williamson Counties so I plan to Blog about experiences protesting in both counties.
Protesting Your Property Taxes in Austin

Since property values have diminished over the year, I decided to protest. First the county sent me their evaluation on my property value with an opportunity to protest in writing which I did. After looking at the recent solds (the county determines what the property value was on December 31 of the year in question which in this case was 2008) I determined that the county had over appraised my property and I filed the form of written protest.

Then the county sent me a letter reducing my property value by a small amount along with information on 5 homes to which they were comparing. It seemed great that from my written protest they had reduced the value but I researched the homes that they were using as comparatives and found that 4 of the 5 where not true comparatives. As an example, one of the properties stated in their information that the house had $44,000 in remodeling upgrades and improvements of which my property had none. Therefore, I decided to attend the informal protest.

This morning I went to the informal protest and learned about the TCAD system. Some of the issues I encountered were as follows:

1. One of the comparatives they had provided was from January of '08. That is an entire year earlier. That was even before the market crash and should not have been considered a fair estimation of value. I was told TCAD could use sold homes from January 1 through February of the following year. Good to know when the market starts to go back up.

2. In Texas, the price you paid for your home is not public information so even TCAD doesn't have it unless you tell them - or someone else does. So, when I printed out my multiple listing system (MLS) sold sheets, I blacked out the house numbers. It seemed to me that it was the right thing to do to protect the other homeowners. After all, the MLS sheet provided all the information on a legitimate sheet from a computer generated system. The TCAD agent told me that they couldn't use the information without the house number. In other words, I had to provide the address to benefit from the information. I didn't have it, but the MLS sheet does have the legal description on the page so the agent was able to look up the house address.

3. The main reason I took the MLS sheets was because they contained pertinant information such as the house had $44,000 in upgrades so a true comparative would have been to reduce the sold price by $44,000. The agent told me that he couldn't make any adjustments in the system. What! How is that a fair comparison?

Next I'm going to the formal hearing. I'm determined to get those taxes reduced. I'll keep you posted. Please send your comments.

Robin Scott, BROKER. Certified Residential Specialist, Accredited Buyer's Representative, Seller's Representative Specialist. Amelia Bullock Realtors. 512.589.7988.