Lubbock County Appraisal District appears to have over-taxed this property by 35%!
The house at 13909 N Cr 3240, Idalou, Texas, 79329 sold for $250,000 in June 2019. Lubbock County Appraisal District valued this property at $336,456 for the 2020 property tax year.
The owner will pay an extra $2,334 (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 13909 N Cr 3240, Idalou, Texas, 79329 is the primary residence. They do have their homestead exemption.
Lubbock County Appraisal District reports this 3,495 square foot house was built in 1978 and is located on a 265,019 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 13909 N Cr 3240, Idalou, Texas, 79329 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 $2,334.
Lubbock County property tax information: Lubbock County Appraisal District
Lubbock County property tax info: Single family tax protest
Comments are closed.