Lubbock County Appraisal District appears to have over-taxed this property by 35%!
The house at 5908 E Hwy 62-82, Lubbock, Texas, 79403 sold for $96,500 in September 2019. Lubbock County Appraisal District valued this property at $130,391 for the 2020 property tax year.
The owner will pay an extra $915 (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 5908 E Hwy 62-82, Lubbock, Texas, 79403 is the primary residence. They do not have their homestead exemption.
Lubbock County Appraisal District reports this 2,435 square foot house was built in 1954 and is located on a 40,851 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 5908 E Hwy 62-82, Lubbock, Texas, 79403 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 $915.
Lubbock County property tax information: Lubbock County Appraisal District
Lubbock County property tax info: Binding arbitration
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