Ward County Appraisal District appears to have over-taxed this property by 14%!
The house at 1303 S Franklin, Monahans, Texas, 79756 sold for $156,100 in August 2019. Ward County Appraisal District valued this property at $178,080 for the 2020 property tax year.
The owner will pay an extra $593 (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 1303 S Franklin, Monahans, Texas, 79756 is the primary residence. They do have their homestead exemption.
Ward County Appraisal District reports this 3,436 square foot house was built in NULL and is located on a 14,850 square foot lot.
If you know the owners of 1303 S Franklin, Monahans, Texas, 79756 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 $593.
Ward County property tax information: Ward County Appraisal District
Ward County property tax info: Business personal property rendition
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