Hood County Appraisal District appears to have over-taxed this property by 37%!

The house at 4109 Lakeshore Dr, Granbury, Texas, 76048 sold for $126,000 in May 2020.  Hood County Appraisal District valued this property at $172,780 for the 2020 property tax year.

The owner will pay an extra $1,263 (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 4109 Lakeshore Dr, Granbury, Texas, 76048 is the primary residence.  They do have their homestead exemption.

Hood County Appraisal District reports this 1,840 square foot house was built in 1983 and is located on a 1 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 4109 Lakeshore Dr, Granbury, Texas, 76048 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 $1,263

Hood County property tax information: Hood County Appraisal District

Hood County property tax info: Business personal property tax protest