It sure does! It means I can protest my home's apprisal value and get my property taxes lowered again this year! Whoooo-hoooo!!
Don’t count on it.
In my experience, the appeals process usually goes something like this:
“Here, Mr. County Property Tax Appeals Person - I have my appraisal and comparable sales in my area showing that the county has my house overvalued for tax purposes, I’m sure that my evidence justifies a lower assessment”
“denied, NEXT!”