Hood County Appraisal District appears to have over-taxed this property by 16%!
The house at 508 Grandview Dr sold for $160,000 in May 2020. Hood County Appraisal District valued this property at $186,020 for the 2020 property tax year.
The owner will pay an extra $703 (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 home owners is to obtain a homestead for their primary residence. It does not appear the house at 508 Grandview Dr is the primary residence. The do not have their homestead residence.
Hood County Appraisal District reports this 1,738 square foot house was built in 2001 and is located on a 1 square foot lot.
If you know the owners of the house at 508 Grandview Dr 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 $703.
Hood County property tax information: Hood County Appraisal District
Hood County property tax info: Single family tax consultant
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