Midland County Appraisal District appears to have over-taxed this property by 16!
The house at 3228 Fairfield Ln, Midland, Texas, 79705 sold for $409,500 in November 2019. Midland County Appraisal District valued this property at $476,890 for the 2020 property tax year.
The owner will pay an extra $1,820 (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 3228 Fairfield Ln, Midland, Texas, 79705 as the primary residence. They do have their homestead exemption.
Midland County Appraisal District reports this 2,505 square foot house was built in 2013 and is located on a 9,278 square foot lot.
If you know the owners of 3228 Fairfield Ln, Midland, Texas, 79705 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 $1,820
Midland County property tax information: Midland County Appraisal District
Midland County property tax info: Informal tax hearings
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