Rusk County Appraisal District appears to have over-taxed this property by 29%!

The house at 503 Pine, Henderson, Texas, 75654 sold for $158,143 in February 2020. Rusk County Appraisal District valued this property at $204,440 for the 2020 property tax year.

The owner will pay an extra $1,250 (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 503 Pine, Henderson, Texas, 75654 is the primary residence. They do have their homestead exemption.

Rusk County Appraisal District reports this 4,346 square foot house was built in 1961 and is located on a 32,252 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 503 Pine, Henderson, Texas, 75654 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 $1,250

Rusk County property tax information: Rusk County Appraisal District

Rusk County property tax info: Residential tax protest