Hill County Appraisal District appears to have over-taxed this property by 86%!
The house at 628 E Elm St, Hillsboro, Texas, 76645 sold for $72,000 in August 2019. Hill County Appraisal District valued this property at $133,960 for the 2020 property tax year.
The owner will pay an extra $1,673 (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 628 E Elm St, Hillsboro, Texas, 76645 is the primary residence. They do have their homestead exemption.
Hill County Appraisal District reports this 2,131 square foot house was built in 1901 and is located on a 15,398 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 628 E Elm St, Hillsboro, Texas, 76645 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 $1,673.
Hill County property tax information: Hill County Appraisal District
Hill County property tax info: Property tax protest
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