Hutchinson County Appraisal District appears to have over-taxed this property by 66%!

The house at 418 W Grand St, Borger, Texas, 79007 sold for $12,500 in February 2019. Hutchinson County Appraisal District valued this property at $20,800 for the 2020 property tax year.

The owner will pay an extra $224 (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 418 W Grand St, Borger, Texas, 79007 is the primary residence. They do have their homestead exemption.

Hutchinson County Appraisal District reports this 1,282 square foot house was built in 2019 and is located on a 4,500 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 the 418 W Grand St, Borger, Texas, 79007 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 $224

Hutchinson County property tax information: Hutchinson County Appraisal District

Hutchinson County property tax info: Commercial property tax