Colorado County Appraisal District appears to have over-taxed this property by 5%!

The house at 309 South Austin Rd, Eagle Lake, 77434 sold for $90,000 in June 2020.  Colorado County Appraisal District valued this property at $94,180 for the 2020 property tax year.

The owner will pay an extra $113(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 309 South Austin Rd, Eagle Lake, 77434 is the primary residence.  They do have their homestead exemption.

Colorado County Appraisal District reports this 1,504 square foot house was built in 1940 and is located on a 87,120 square foot lot.

If you know the owners of the house at 309 South Austin Rd, Eagle Lake, 77434 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 $113.

Colorado County property tax information: Colorado County Appraisal District

Colorado County property tax info:  Property tax judicial appeal