Tarrant County Appraisal District appears to have over-taxed this property by 55%!

The house at 5300 Taylor Rd, River Oaks, Texas, 76114 sold for $126,000 in March 2020. Tarrant County Appraisal District valued this property at $195,430 for the 2020 property tax year.

The owner will pay an extra $1,875 (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 5300 Taylor Rd, River Oaks, Texas, 76114 is the primary residence. They do have their homestead exemption.

Tarrant County Appraisal District reports this 1,596 square foot house was built in 1947 and is located on a 10,722 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 5300 Taylor Rd, River Oaks, Texas, 76114 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 $1,875.

Tarrant County property tax information: Tarrant County Appraisal District

Tarrant County property tax info: House property tax protest