Collin County Appraisal District appears to have over-taxed this property by 31%!
The house at 3421 Claymore Dr, Plano, Texas, 75075 sold for $215,000 in February 2020. Collin County Appraisal District valued this property at $281,315 for the 2020 property tax year.
The owner will pay an extra $1,791 (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 house at 3421 Claymore Dr, Plano, Texas, 75075 is the primary residence. They do have their homestead exemption.
Collin County Appraisal District reports this 2,069 square foot house was built in 1972 and is located on a 7,392 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 3421 Claymore Dr, Plano, Texas, 75075 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 $1,791.
Collin County property tax information: Collin County Appraisal District
Collin County property tax info: Houston Property tax consultant
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