Erath County Appraisal District appears to have over-taxed this property by 7%!
The house at 811 Riverside Dr, Stephenville, Texas, 76401 sold for $48,000 in December 2019. Erath County Appraisal District valued this property at $51,590 for the 2020 property tax year.
The owner will pay an extra $97 (2.7% tax rate times amount over-valued) in property taxes, just for this year, unless they protest their property taxes or hire a property tax consultant to protest for them.
The first step for homeowners is to obtain a homestead for their primary residence. It does appear the home at 811 Riverside Dr, Stephenville, Texas, 76401 is the primary residence. They do not have their homestead exemption.
Erath County Appraisal District reports this 810 square foot house was built in 1920 and is located on a 5,489 square foot lot.
If you know the owners 811 Riverside Dr, Stephenville, Texas, 76401 please encourage them to file a property tax protest. Even if they missed the May 15 protest deadline, they can still file a substantial error protest. In many cases, if they provide the appraisal district with a copy of the closing statement, they will correct the value.
Just for filing a form with a copy of the closing statement the owner can save $97.
Erath County property tax information: Erath County Appraisal District
Erath County property tax info: Commercial Property Tax Reduction
Comments are closed.