Smith County Appraisal District appears to have over-taxed this property by 53%!

The house at 11856 Sycamore St, Tyler, 75704 sold for $46,043 in January 2020. Smith County Appraisal District valued this property at $70,280 for the 2020 property tax year.

The owner will pay an extra $654 (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 house at 11856 Sycamore St, Tyler, 75704 is the primary residence. The do have their homestead residence.

Smith County Appraisal District reports this 1125 square foot house was built in 1948 and is located on a 10,000 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 11856 Sycamore St, Tyler, 75704 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 $654.

Smith County property tax information: Smith County Appraisal District

Smith County property tax info: Commercial tax reduction