Newton County Appraisal District appears to have over-taxed this property by 70%!
The house at 207 Suzy LN, Newton, Texas, 75966 sold for $149,750 in November 2019. Newton County Appraisal District valued this property at $254,844 for the 2020 property tax year.
The owner will pay an extra $2,838 (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 207 Suzy LN, Newton, Texas, 75966 is the primary residence. They do have their homestead exemption.
Newton County Appraisal District reports this 4,497 square foot house was built in 1987 and is located on a 202,902 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 207 Suzy LN, Newton, Texas, 75966 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 $2,838
Newton County property tax information: Newton County Appraisal Districts
Newton County property tax info: Appraisal district
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