Mclennan County Appraisal District appears to have over-taxed this property by 55%!

The house at 510 N Main, Mcgregor, Texas, 76657 sold for $62,500 in July 2019. Mclennan County Appraisal District valued this property at $96,630 for the 2020 property tax year.

The owner will pay an extra $922 (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 510 N Main, Mcgregor, Texas, 76657 is the primary residence. They do have their homestead exemption.

Mclennan County Appraisal District reports this 1,102 square foot house was built in 1977 and is located on a 10,498 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 510 N Main, Mcgregor, Texas, 76657 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 $922.

Mclennan County property tax information: Mclennan County Appraisal District

Mclennan County property tax info:  Judicial appeal