Medina County Appraisal District appears to have over-taxed this property by 58%!

The house at Pr 1514, Bandera, Texas, 78003 sold for $15,000 in July 2019. Medina County Appraisal District valued this property at $23,740 for the 2020 property tax year.

The owner will pay an extra $236 (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 Pr 1514, Bandera, Texas, 78003 is the primary residence. They do not have their homestead exemption.

Medina County Appraisal District reports this Null square foot house was built in Null and is located on a 12,001 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 Pr 1514, Bandera, Texas, 78003 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 $236  

Medina County property tax information:  Medina County Appraisal District

Medina County property tax info: Appraisal review board