Hopkins County Appraisal District appears to have over-taxed this property by 17%!

The house at 8505 W Ih 30 Ss, Cumby, Texas, 75482 sold for $89,250 in October 2019.  Hopkins County Appraisal District valued this property at $104,590 for the 2020 property tax year.

The owner will pay an extra $414 (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 8505 W Ih 30 Ss, Cumby, Texas, 75482 is the primary residence.  They do have their homestead exemption.

Hopkins County Appraisal District reports this 864 square foot house was built in 2002 and is located on a 784,080 square foot lot.

Because the property is more than 29% over-taxed, it qualifies for a substantial error protest if a routine protest was not filed.

If you know the owners of 8505 W Ih 30 Ss, Cumby, 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 $414.

Hopkins County property tax information: Hopkins County Appraisal District

Hopkins County property tax info: Residential tax protest