Cooke County Appraisal District appears to have over-taxed this property by 7%!

The house at 1401 S Howeth, Gainesville, Texas, 76250 sold for $171,000 in May 2020.  Cooke County Appraisal District valued this property at $182,651 for the 2020 property tax year.

The owner will pay an extra $315 (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 appear the home 1401 S Howeth, Gainesville, Texas, 76250 is the primary residence.  They do not have their homestead exemption.

Cooke County Appraisal District reports this 1,621 square foot house was built in 2001 and is located on a 13,186 square foot lot.

If you know the owners of 1401 S Howeth, Gainesville, Texas, 76250 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 $315.

Cooke County property tax information: Cooke County Appraisal District

Cooke County property tax info: Property tax lawsuit