Cooke County Appraisal District appears to have over-taxed this property by 24%!

The house at 1603 Cr 2117, Gainesville, Texas, 76240 sold for $107,000 in July 2019.  Cooke County Appraisal District valued this property at $132,481 for the 2020 property tax year.

The owner will pay an extra $688 (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 1603 Cr 2117, Gainesville, Texas, 76240 is the primary residence.  They do have their homestead exemption.

Cooke County Appraisal District reports this 864 square foot house was built in 1999 and is located on a 130,680 square foot lot.

If you know the owners of 1603 Cr 2117, Gainesville, Texas, 76240 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 $688.

Cooke County property tax information: Cooke County Appraisal District

Cooke County property tax info: Home owners property tax appeal