Wise County Appraisal District appears to have over-taxed this property by 40%!

The house at 1611 N Cates Street, Decatur, Texas, 76234 sold for $130,000 in April 2019. Wise County Appraisal District valued this property at $182,300 for the 2020 property tax year.

The owner will pay an extra $1,412 (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 not appear the home at 1611 N Cates Street, Decatur, Texas, 76234 is the primary residence. They do not have their homestead exemption.

Wise County Appraisal District reports this 1,302 square foot house was built in 1962 and is located on a 19,689 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 1611 N Cates Street, 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 $1,412.

Wise County property tax information: Wise County Appraisal District

Wise County property tax info:  Informal tax hearings