Medina County Appraisal District appears to have over-taxed this property by 57%!

The house at 631 Cr 642, Yancey, Texas, 78886 sold for $70,000 in January 2019. Medina County Appraisal District valued this property at $109,800 for the 2020 property tax year.

The owner will pay an extra $1,075 (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 631 Cr 642, Yancey, Texas, 78886 is the primary residence. They do have their homestead exemption.

Medina County Appraisal District reports this 1,620 square foot house was built in 1997 and is located on a 56,889 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 the 631 Cr 642, Yancey, Texas, 78886 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 $1,075

Medina County property tax information:  Medina County Appraisal District

Medina County property tax info: ARB