Bandera County Appraisal District appears to have over-taxed this property by 5%!

The house at 1536 Kings Ranch Rd, Bandera, 78003 sold for $231,500 in March 2020.  Bandera County Appraisal District valued this property at $243,110 for the 2020 property tax year.

The owner will pay an extra $313 (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 home owners is to obtain a homestead for their primary residence.  It does appear the home at 1536 Kings Ranch Rd, Bandera, 78003 is the primary residence.  They do have their homestead exemption.

Bandera County Appraisal District reports this 1,852 square foot house was built in 2003 and is located on a 21,780 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 house at 1536 Kings Ranch Rd, Bandera, 78003 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 $313.

Bandera County property tax information: Bandera County Appraisal District

Bandera County property tax info:  Commercial property tax protest