Gregg County Appraisal District appears to have over-taxed this property by 3%!

The house at 176 Echo Ln, Kilgore, Texas, 75662 sold for $237,500 in April 2019.  Gregg County Appraisal District valued this property at $245,530 for the 2020 property tax year.

The owner will pay an extra $217 (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 appear the home at 176 Echo Ln, Kilgore, Texas, 75662 is the primary residence.  They do have their homestead exemption.

Gregg County Appraisal District reports this 2,655 square foot house was built in 1982 and is located on a 280,091 square foot lot.

If you know the owners at 176 Echo Ln, Kilgore, Texas, 75662 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 $217.

Gregg County property tax information:  Gregg County Appraisal District

Gregg County property tax info: Judicial appeal tax reduction