Lubbock County Appraisal District appears to have over-taxed this property by 37%!
The house at 5405 22Nd St, Lubbock, Texas, 79407 sold for $148,500 in October 2019. Lubbock County Appraisal District valued this property at $202,931 for the 2020 property tax year.
The owner will pay an extra $1,470 (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 5405 22Nd St, Lubbock, Texas, 79407 is the primary residence. They do not have their homestead exemption.
Lubbock County Appraisal District reports this 2,512 square foot house was built in 1957 and is located on a 18,513 square foot lot.
If you know the owners at 5405 22Nd St, Lubbock, Texas, 79407 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 $1,470.
Lubbock County property tax information: Lubbock County Appraisal District
Lubbock County property tax info: Commercial property tax
Comments are closed.