Cooke County Appraisal District appears to have over-taxed this property by 15%!

The house at 711 S Rusk, Gainesville, Texas, 76240 sold for $183,000 in March 2020.  Cooke County Appraisal District valued this property at $210,722 for the 2020 property tax year.

The owner will pay an extra $748 (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 711 S Rusk, Gainesville, Texas, 76240 is the primary residence.  They do have their homestead exemption.

Cooke County Appraisal District reports this 3,538 square foot house was built in 1953 and is located on a 15,446 square foot lot.

If you know the owners of 711 S Rusk, 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 $748.

Cooke County property tax information: Cooke County Appraisal District

Cooke County property tax info: Judicial appeal tax reduction