Wharton County Appraisal District appears to have over-taxed this property by 62%!

The house at 401 Palacios, El Campo, Texas, 77437 sold for $8,976 in February 2020. Wharton County Appraisal District valued this property at $14,580 for the 2020 property tax year.

The owner will pay an extra $151 (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 401 Palacios, El Campo, Texas, 77437 is the primary residence.  They do not have their homestead exemption.

Wharton County Appraisal District reports this 1,056 square foot house was built in 1930 and is located on a 5,968 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 401 Palacios, El Campo, Texas, 77437 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 $151.

Wharton County property tax information:  Wharton County Appraisal District  

Wharton County property tax info: Appraisal district evidence