Wise County Appraisal District appears to have over-taxed this property by 19%!
The house at 102 W Ridge, Decatur, Texas, 76234 sold for $305,000 in February 2019. Wise County Appraisal District valued this property at $363,290 for the 2020 property tax year.
The owner will pay an extra $1,574 (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 102 W Ridge, Decatur, Texas, 76234 is the primary residence. They do have their homestead exemption.
Wise County Appraisal District reports this 1,969 square foot house was built in 1993 and is located on a 203,425 square foot lot.
If you know the owners of the house at 102 W Ridge, Decatur, Texas, 76234 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 $1,574.
Wise County property tax information: Wise County Appraisal District
Wise County property tax info: Binding arbitration
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