Hopkins County Appraisal District appears to have over-taxed this property by 16%!
The house at 1745 Arbala Rd, Sulphur Springs, Texas, 75482 sold for $119,000 in February 2019. Hopkins County Appraisal District valued this property at $138,390 for the 2020 property tax year.
The owner will pay an extra $524 (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 1745 Arbala Rd, Sulphur Springs, Texas, 75482 is the primary residence. They do have their homestead exemption.
Hopkins County Appraisal District reports this 1,548 square foot house was built in 1972 and is located on a 1 square foot lot.
If you know the owners of 1745 Arbala Rd, Sulphur Springs, Texas, 75482 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 $524.
Hopkins County property tax information: Hopkins County Appraisal District
Hopkins County property tax info: Property tax protest
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