Fayette County Appraisal District appears to have over-taxed this property by 16%!

The house at 518 S Market, Flatonia, Texas, 78941 sold for $90,000 in November 2019.  EI Paso County Appraisal District valued this property at $104,510 for the 2020 property tax year.

The owner will pay an extra $392 (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 at 518 S Market, Flatonia, Texas, 78941 is the primary residence.  They do have their homestead exemption.

Fayette County Appraisal District reports this 2,930 square foot house was built in 2011 and is located on a 50,965 square foot lot.

If you know the owners 518 S Market, Flatonia, Texas, 78941 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 $392.

Fayette County property tax information: Fayette County Appraisal District

Fayette County property tax info: Single family Tax Protest