Wayne, the Tarrant Appraisal District (TAD) does allow you to protest your tax value. If you should desire to do so, it would be helpful for you to have some general information with you regarding your property and surrounding property values. First, you must bring in the HUD-1 (your closing statement) which accurately reflects the price for which you purchased the property. Secondly, bring a copy of the appraisal with you. (Please double check to ensure the appraisal did not reflect a significantly greater value than the value of which you purchased the property). Third, you ask your real estate agent (if you do not have one, I would be happy to help) to provide comparable sales data for your neighborhood and similar sized homes which were sold in the six months from September-March of the year in question. Finally, you should ask TAD for the comparables they used to determine value. Have your agent review their list and provide detailed information as to why, or why not, their properties should be used vs. the properties your agent has selected. This should help in most all cases. Should you need detailed information or additional answers to your questions, you may contact me, Roslyn Gauntt, CENTURY 21 Tim Gauntt Co, (Voted BEST of the BEST in Colleyville, Southlake and Grapevine for 2007-2009) at 817 605.3355. We have two local offices to serve you. All my best!