Lubbock County Appraisal District appears to have over-taxed this property by 46%!
The house at 3506 N Fm 2378, Shallowater, Texas, 79363 sold for $115,000 in May 2019. Lubbock County Appraisal District valued this property at $168,193 for the 2020 property tax year.
The owner will pay an extra $1,436 (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 3506 N Fm 2378, Shallowater, Texas, 79363 is the primary residence. They do have their homestead exemption.
Lubbock County Appraisal District reports this 1,755 square foot house was built in 1972 and is located on a 54,450 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 3506 N Fm 2378, Shallowater, Texas, 79363 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 $1,436.
Lubbock County property tax information: Lubbock County Appraisal District
Lubbock County property tax info: Commercial property tax consultant
Comments are closed.