Coryell County Appraisal District appears to have over-taxed this property by 31%!

The house at 620 River Rd, Gatesville, Texas, 76528 sold for $860,000 in July 2019. Coryell County Appraisal District valued this property at $1,126,740 for the 2020 property tax year.

The owner will pay an extra $7,202 (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 at the home 620 River Rd, Gatesville, Texas, 76528 as the primary residence. They do have their homestead exemption.

Coryell County Appraisal District reports this 5,312 square foot house was built in 2008 and is located on a 742,698 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 620 River Rd, Gatesville, Texas, 76528 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 $7,202

Coryell County property tax information: Coryell County Appraisal District

Coryell County property tax info: House property tax protest