Travis County Appraisal District appears to have over-taxed this property by 46%!
The house at 4613 S 2 St, Austin, Texas, 78745 sold for $580,000 in March 2020. Travis County Appraisal District valued this property at $847,069 for the 2020 property tax year.
The owner will pay an extra $7,211 (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 4613 S 2 St, Austin, Texas, 78745 is the primary residence. They do have their homestead exemption.
Travis County Appraisal District reports this 3,232 square foot house was built in 2019 and is located on a 7,858 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 4613 S 2 St, Austin, Texas, 78745 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 $7,211.
Travis County property tax information: Travis County Appraisal District
Travis County property tax info: Single family tax protest
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