How Our Fee is Calculated
| Taxable Value Before Protest: | $500,000 |
| Taxable Value After Protest: | $450,000 |
| Reduction in Taxable Value: | $50,000 |
| Client Tax Savings: | $1,250 |
| Our Success Fee: | $312.50 |
Client tax savings based on 2.5% tax rate.
Frequently Asked Questions
Our success fee is based on how much we save you on your tax bill. We will only charge you 25% of whatever we actually save you. You get to keep the rest! We do not charge an upfront or minimum fee.
Property tax savings are calculated based on the difference between the assessed value on the initial Notice of Appraised Value (which is the value the appraisal district assigned your property) and the final assessed value (which is the value after our protest is complete) multiplied by the latest known tax rate. Our success fee is based on how much we actually save you on your tax bill!
We will send you an invoice for our success fee once we are done with the property tax protest process and your final value is certified. This is typically in the late summer or fall months. Our success fee is based on how much we are able to save you on your tax bill. If we do not save you anything, the success fee is zero.
If you have multiple properties, we still send results as soon as they are certified, so that you can stay updated. If you have multiple properties, we send summarized reports once your portfolio is completed towards the end of the year, or upon your request
The county tax office collects taxes in one bill for all the local jurisdictions, including the school district, fire department and other local entities. Some tax bills also include special taxing jurisdictions such as a MUD.
Most effective property tax rates in Texas are between 1.5% and 3.5%. Most of the time, when we send our invoice in the summer or fall of the current tax year, the currently known tax rate is the previous year’s tax rate.
We cannot protest your tax rate, unfortunately. This is set by voters, specific budgets and local entities. We use official data in our tax rate calculation that can be verified by the county tax collector’s office.
Our service agreements automatically renew, so there is no action needed!
Each year our service agreement auto-renews on March 1st. We set this date so that we can prepare for informal settlement hearings with appraisal districts, which begin in April. Furthermore, there’s a lot of behind-the-scenes paperwork preparation we perform ahead of the protest season. If for any reason you want to cancel our service, just send us an email to support@realvaluepropertytax.com.