Travis County Appraisal District appears to have over-taxed this property by 16%!
The house 8503 Romney Rd, Austin, Texas, 78748 sold for $205,500 in November 2019. Travis County Appraisal District valued this property at $237,626 for the 2020 property tax year.
The owner will pay an extra $867 (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 8503 Romney Rd, Austin, Texas, 78748 is the primary residence. They do not have their homestead exemption.
Travis County Appraisal District reports this 1,174 square foot house was built in 1980 and is located on a 8,133 Square foot lot.
If you know the owners of 8503 Romney Rd, Austin, Texas, 78748 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 $867.
Travis County property tax information: Travis County Appraisal District
Travis County property tax info: Business personal property tax reduction
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