Wharton County Appraisal District appears to have over-taxed this property by 8%!
The house at 2804 N Texas, Wharton, Texas, 77488 sold for $50,000 in January 2020. Wharton County Appraisal District valued this property at $54,078 for the 2020 property tax year.
The owner will pay an extra $110 (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 2804 N Texas, Wharton, Texas, 77488 is the primary residence. They do have their homestead exemption.
Wharton County Appraisal District reports this 1,736 square foot house was built in 1975 and is located on a 13,486 square foot lot.
If you know the owners of 2804 N Texas, Wharton, Texas, 77488 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 $110.
Wharton County property tax information: Wharton County Appraisal District
Wharton County property tax info: How do CADs estimate value
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