Travis County Appraisal District appears to have over-taxed this property by 33%!
The house at 2407 E 8 St, Austin, Texas, 78702 sold for $495,000 in April 2020. Travis County Appraisal District valued this property at $659,459 for the 2020 property tax year.
The owner will pay an extra $5,677 (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 2407 E 8 St, Austin, Texas, 78702 is the primary residence. They do have their homestead exemption.
Travis County Appraisal District reports this 2,914 square foot house was built in 2019 and is located on a 5,854 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 2407 E 8 St, Austin, Texas, 78702 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 $5,677.
Travis County property tax information: Travis County Appraisal District
Travis County property tax info: house tax consultant
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