Cooke County Appraisal District appears to have over-taxed this property by 10%!
The house at 835 N Morris, Gainesville, Texas, 76240 sold for $76,191 in March 2019. Cooke County Appraisal District valued this property at $69,500 for the 2020 property tax year.
The owner will pay an extra $181 (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 835 N Morris, Gainesville, Texas, 76240 is the primary residence. They do have their homestead exemption.
Cooke County Appraisal District reports this 1,242 square foot house was built in 1920 and is located on a 12,197 square foot lot.
If you know the owners of 835 N Morris, 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 $181.
Cooke County property tax information: Cooke County Appraisal District
Cooke County property tax info: Judicial appeal
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