Waller County Appraisal District appears to have over-taxed this property by 75%!

The house at 40654 Fm 529, Hempstead, 77445 sold for $125,000 in May 2020. Waller County Appraisal District valued this property at $218,620 for the 2020 property tax year.

The owner will pay an extra $2,528 (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 40654 Fm 529, Hempstead, 77445 is the primary residence. The do have their homestead residence.

Waller County Appraisal District reports this 2,348 square foot house was built in 2011   and is located on a 43,560 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 40654 Fm 529, Hempstead, 77445 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 $2,528.

Waller County property tax information: Waller County Appraisal District

Waller County property tax info: Texas appraisal districts