Lubbock County Appraisal District appears to have over-taxed this property by 29%!

The house at 4901 E Cr 7300, Slaton, Texas, 79364 sold for $55,000 in August 2019. Lubbock County Appraisal District valued this property at $70,769 for the 2020 property tax year.

The owner will pay an extra $426 (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 4901 E Cr 7300, Slaton, Texas, 79364 is the primary residence. They do have their homestead exemption.

Lubbock County Appraisal District reports this 1,796 square foot house was built in 1958 and is located on a 39,204 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 of the 4901 E Cr 7300, 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 $426

Lubbock County property tax information: Lubbock County Appraisal District

Lubbock County property tax info: Business personal property tax reduction