Travis County Appraisal District appears to have over-taxed this property by 22%!
The house at 736 Vanguard, Lakeway, Texas, 78734 sold for $575,000 in March 2020. Travis County Appraisal District valued this property at $700,871 for the 2020 property tax year.
The owner will pay an extra $3,399 (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 at 736 Vanguard, Lakeway, Texas, 78734 is the primary residence. They do have their homestead exemption.
Travis County Appraisal District reports this 2,405 square foot house was built in 2008 and is located on a 12,898 Square foot lot.
If you know the owners of 736 Vanguard, Lakeway, Texas, 78734 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 $3,399.
Travis County property tax information: Travis County Appraisal District
Travis County property tax info: Informal property tax protest hearing
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