Ellis County Appraisal District appears to have over-taxed this property by 25%!

The house at 203 Mimosa St, Ferris, Texas, 75125 sold for $174,000 in July 2019.  Ellis County Appraisal District valued this property at $216,960 for the 2020 property tax year.

The owner will pay an extra $1,160(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 203 Mimosa St, Ferris, Texas, 75125 is the primary residence.  They do not have their homestead exemption.

Ellis County Appraisal District reports this 3,348 square foot house was built in 1965 and is located on a 19,554 square foot lot.

If you know the owners 203 Mimosa St, Ferris, Texas, 75125 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 $1,160.

Ellis County property tax information: Ellis County Appraisal District

Ellis County property tax info: Property Tax Protest