Lubbock County Appraisal District appears to have over-taxed this property by 38%!

The house at 124 N Fm 179, Lubbock, Texas, 79416 sold for $110,000 in September 2019.  Lubbock County Appraisal District valued this property at $152,326 for the 2020 property tax year.

The owner will pay an extra $1,143 (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 not appear the home at 124 N Fm 179, Lubbock, Texas, 79416 is the primary residence.  They do not have their homestead exemption.

Lubbock County Appraisal District reports this 1,916 square foot house was built in 1970 and is located on a 148,104 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 at 124 N Fm 179, Lubbock, Texas, 79416 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 $1,143.

Lubbock County property tax information: Lubbock County Appraisal District

Lubbock County property tax info: Property tax Judicial appeal