Lubbock Central Appraisal District - Total Tax Parcels / Values
Lubbock Central Appraisal District increased the value of taxable property from $18 billion in 2015 to $27 billion in 2021, a 44% increase. The increase of $8 billion in the market value of Lubbock property is estimated to increase property taxes by $224 billion during 2015 to 2021, based on a 2.7% tax rate. Lubbock County has about 153,537 tax parcels. An increase of $224 billion in property taxes equates to $1,465 per tax parcel. Lubbock Central Appraisal District is paid by tax entities and has no citizen representation. Even the playing field by hiring an expert to represent you. Enroll in the Property Tax Protection Program(TM). No fee to enroll. No flat fees. No upfront costs. No fee ever unless we reduce your property taxes that year. Just enroll, relax and save.
Total Number of Parcels in DistrictSource: Texas Comptroller, compiled by O’Connor, and not affiliated with any appraisal district.
| Millions | ||||||||||||
| 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | ||
| Total Number | 0.1388 | 0.1398 | 0.1415 | 0.1429 | 0.1450 | 0.1472 | 0.1494 | 0.1535 | 0.1624 | 0.1663 | 0.1695 | |
| Parcels Appraised | 0.1388 | 0.1143 | 0.1154 | 0.1429 | 0.1450 | 0.1472 | 0.1494 | 0.1535 | 0.1624 | 0.1663 | 0.1695 | |
Texas property owners should protest annually since About half of Texas properties are assessed at 100% of market value or higher based on data from the Texas Comptroller.
Lubbock Central Appraisal District Tax Parcels
The Lubbock Central Appraisal District (Lubbock CAD) attempts to: 1) identify all real and personal property, and 2) then value each parcel. Their primary mission is to divide the property taxes paid to entities in the county as accurately and equitable as possible. Lubbock Central Appraisal District had 153,537 tax parcels in 2021 and 18 appraisers to value them and conduct tax protest hearings. That works out to 8,530 tax parcels per appraiser.
Lubbock Central Appraisal District has a lean level of staffing. We estimate about 25% of appraisal district appraisers work on valuation while the balance work on measuring new property and other inspections. We further assume the appraisers have 3 months or 66 days to complete valuations. Based on these assumptions, an appraiser at Lubbock Central Appraisal District completes 517 valuations per day during the valuation period. The high pace of valuation per day is illustrative of the difficulty of accurately and uniformly valuing all 153,537 properties in Lubbock County.
Lubbock CAD Total Number of Parcels in District
Property tax values must be revalued by the Lubbock Central Appraisal District at least every three years. Following is a summary of the total number of parcels and the number revalued annually.
In 2021, Lubbock CAD valued 153,537 (100%) of the 153,537 tax parcels in Lubbock County.
Market Value All Property in Lubbock CountySource: Texas Comptroller, compiled by O’Connor, and not affiliated with any appraisal district.
| Billions of $ | ||||||||||||
| 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | ||
| $ Total market value | 18.106 | 18.992 | 20.362 | 21.538 | 23.026 | 24.344 | 25.834 | 27.323 | 31.557 | 35.686 | 38.920 | |
| Single Family | 9.645 | 10.340 | 11.099 | 11.804 | 12.786 | 13.424 | 14.464 | 15.504 | 18.467 | 21.015 | 22.259 | |
| Multi-family | 1.267 | 1.344 | 1.574 | 1.732 | 1.810 | 1.848 | 1.985 | 2.123 | 2.478 | 2.741 | 2.901 | |
| Commercial | 4.747 | 5.034 | 5.275 | 5.515 | 5.756 | 6.004 | 6.324 | 6.644 | 7.023 | 7.640 | 8.128 | |
| All Other | 2.447 | 2.275 | 2.415 | 2.487 | 2.674 | 3.069 | 3.061 | 3.053 | 3.589 | 4.290 | 5.632 | |
Texas property owners should protest annually since To support neighbors’ appeals for unequal appraisal.
Lubbock County - Total Market Value for All Property
The Lubbock Central Appraisal District is required to provide a value for all real property and business personal property in Lubbock County annually. This initial guesstimate is subject to appeal annually, regardless of whether the value rose, was flat or fell. Lubbock County property values by category are summarized in the graph.
The value of all taxable property in Lubbock County was estimated at $27 million in 2021 versus $18 million in 2015. The value of houses as estimated by Lubbock Central Appraisal District was $15 million in 2021 versus $9 million in 2015. Houses accounted for 57% of the Lubbock tax roll in 2021 versus 51% in 2015.