Lubbock County Appraisal District appears to have over-taxed this property by 18%!
The house at 224 N Fm 1729, Lubbock, Texas, 79403 sold for $110,000 in April 2019. Lubbock County Appraisal District valued this property at $129,911 for the 2020 property tax year.
The owner will pay an extra $538 (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 t6appear the home at 224 N Fm 1729, Lubbock, Texas, 79403 is the primary residence. They do not have their homestead exemption.
Lubbock County Appraisal District reports this 1,618 square foot house was built in 1960 and is located on a 14,810 square foot lot.
If you know the owners at 224 N Fm 1729, 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 $538.
Lubbock County property tax information: Lubbock County Appraisal District
Lubbock County property tax info: Commercial property tax reduction
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