Midland County Appraisal District appears to have over-taxed this property by 16!
The house at 12116 E Co Rd 101, Midland, Texas, 79706 sold for $441,000 in May 2019. Midland County Appraisal District valued this property at $510,740 for the 2020 property tax year.
The owner will pay an extra $1,883 (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 appear the home 12116 E Co Rd 101, Midland, Texas, 79706 as the primary residence. They do have their homestead exemption.
Midland County Appraisal District reports this 2,596 square foot house was built in 2005 and is located on a 54,886 square foot lot.
If you know the owners of 12116 E Co Rd 101, Midland, Texas, 79706 please encourage them to file a property tax protest. Even if they missed the May 15 protest deadline, they could 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 $1,883
Midland County property tax information: Midland County Appraisal District
Midland County property tax info: Property tax Judicial appeal
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