Palo Pinto County Appraisal District appears to have over-taxed this property by 65%!

The house at 725 Oak St, Houston, Texas, 77018 sold for $36,500 in February 2019. Palo Pinto County Appraisal District valued this property at $60,130 for the 2020 property tax year.

The owner will pay an extra $638 (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 not appear the home 725 Oak St, Houston, Texas, 77018 is the primary residence. They do not have their homestead exemption.

Palo Pinto County Appraisal District reports this 1,178 square foot house was built in 1950 and is located on a 19,994 square foot lot.

Because the property is more than 25% over-taxed, it qualifies for a substantial error protest if a routine protest was not filed.

If you know the owners of the 725 Oak St, Houston, Texas, 77018 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 $638

Palo Pinto County property tax information:  Palo Pinto County Appraisal District

Palo Pinto County property tax info: Commercial property tax appeal