Midland County Appraisal District appears to have over-taxed this property by 25%!
The house at 6707 E County Rd 110, Midland, Texas, 79706 sold for $392,000 in November 2019. Midland County Appraisal District valued this property at $488,980 for the 2020 property tax year.
The owner will pay an extra $2,618 (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 6707 E County Rd 110, Midland, Texas, 79706 as the primary residence. They do not have their homestead exemption.
Midland County Appraisal District reports this 2,180 square foot house was built in 2009 and is located on a 69,260 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 6707 E County Rd 110, 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 $2,618
Midland County property tax information: Midland County Appraisal District
Midland County property tax info: Business personal property tax reduction
Comments are closed.