Cameron County Appraisal District appears to have over-taxed this property by 38%!
The house at 192 Rainbow Dr #9280, Lakehills, Texas, 78063 sold for $13,500 in April 2019. Cameron County Appraisal District valued this property at $18,595 for the 2020 property tax year.
The owner will pay an extra $138 (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 not appear the home 192 Rainbow Dr #9280, Lakehills, Texas, 78063 is the primary residence. They do not have their homestead exemption.
Cameron County Appraisal District reports this Null square foot house was built in Null and is located on a 1 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 192 Rainbow Dr #9280, Lakehills, Texas, 78063 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 $138.
Cameron County property tax information: Cameron County Appraisal District
Cameron County property tax info: Property tax Judicial appeal
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