Gillespie County Appraisal District appears to have over-taxed this property by 27%!
The house at 52 Laguna Vista Point sold for $400,000 in March 2020. Gillespie County Appraisal District valued this property at $506,190 for the 2020 property tax year.
The owner will pay an extra $2,867 (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 house at 52 Laguna Vista Point is the primary residence. The do not have their homestead residence.
Gillespie County Appraisal District reports this 2,433 square foot house was built in 1978 and is located on a 237,402 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 52 Laguna Vista Point 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 $2,867.
Gillespie County property tax information: Gillespie County Appraisal District
Gillespie County property tax info: Property tax protest hearings
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