Rusk County Appraisal District appears to have over-taxed this property by 22%!
The house at 18385 Fm 1716, Tatum, Texas, 75691 sold for $45,500 in December 2019. Rusk County Appraisal District valued this property at $55,320 for the 2020 property tax year.
The owner will pay an extra $265 (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 18385 Fm 1716, Tatum, Texas, 75691 is the primary residence. They do not have their homestead exemption.
Rusk County Appraisal District reports this 960 square foot house was built in 1983 and is located on a 27,007 square foot lot.
If you know the owners of the 18385 Fm 1716, Tatum, Texas, 75691 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 $265
Rusk County property tax information: Rusk County Appraisal District
Rusk County property tax info: Texas appraisal districts
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