Lubbock County Appraisal District appears to have over-taxed this property by 77%!
The house at 703 E Cr 7270, Lubbock, Texas, 79404 sold for $92,500 in March 2019. Lubbock County Appraisal District valued this property at $163,834 for the 2020 property tax year.
The owner will pay an extra $1,926 (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 703 E Cr 7270, Lubbock, Texas, 79404 is the primary residence. They do have their homestead exemption.
Lubbock County Appraisal District reports this 2,280 square foot house was built in 1994 and is located on a 74,052 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 703 E Cr 7270, Lubbock, Texas, 79404 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 $1,926.
Lubbock County property tax information: Lubbock County Appraisal District
Lubbock County property tax info: Property tax consultant
Comments are closed.