Lubbock County Appraisal District appears to have over-taxed this property by 23%!
The house at 11909 E Fm 40, Slaton, Texas, 79364 sold for $185,000 in February 2020. Lubbock County Appraisal District valued this property at $228,135 for the 2020 property tax year.
The owner will pay an extra $1,165 (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 11909 E Fm 40, Slaton, Texas, 79364 is the primary residence. They do have their homestead exemption.
Lubbock County Appraisal District reports this 4,356 square foot house was built in 1961 and is located on a 43,560 square foot lot.
If you know the owners at 11909 E Fm 40, Slaton, Texas, 79364 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 $1,165.
Lubbock County property tax information: Lubbock County Appraisal District
Lubbock County property tax info: Informal property tax protest hearing
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