Mclennan County Appraisal District appears to have over-taxed this property by 30%!

The house at 8714 Old Marlin Rd, Waco, Texas, 76705 sold for $60,000 in March 2019. Mclennan County Appraisal District valued this property at $77,730 for the 2020 property tax year.

The owner will pay an extra $479 (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 8714 Old Marlin Rd, Waco, Texas, 76705 is the primary residence. They do have their homestead exemption.

Mclennan County Appraisal District reports this 1,290 square foot house was built in 1937 and is located on a 80,499 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 8714 Old Marlin Rd, Waco, Texas, 76705 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 $479.

Mclennan County property tax information: Mclennan County Appraisal District

Mclennan County property tax info: Protest aka property tax appeal