Grayson County Appraisal District appears to have over-taxed this property by 8%!

The house at 200 Choctaw Est Cir, Sherman, Texas, 75092 sold for $382,000 in June 2019.  Grayson County Appraisal District valued this property at $412,372 for the 2020 property tax year.

The owner will pay an extra $820 (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 appear the home at 200 Choctaw Est Cir, Sherman, Texas, 75092 is the primary residence.  They do not have their homestead exemption.

Grayson County Appraisal District reports this 4,409 square foot house was built in 1995 and is located on a 174,240 square foot lot.

If you know the owners of the house at 200 Choctaw Est Cir, Sherman, Texas, 75092 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 $820.

Grayson County property tax information: Grayson County Appraisal District

Grayson County property tax info: Judicial appeal