Lubbock County Appraisal District 2021 Houses Property Tax Protest Summary
Lubbock Central Appraisal District in 2021 received $2 B in protests from residential owners out of the $15 B in market value assessed for the year. Owners of expensive properties have been more inclined to appeal their values than normal homeowners. The consistency of this appeal process is due to its success, as 57% of commercial property owners appealed, 11% of multifamily property owners appealed, and 80% of utility company owners appealed.
Interested in knowing why they appeal annually?A lot of owners appeal every year because they get property savings of about 65 to 75% of the time, the odds are in their favor. The appraisal district issues a new value number every year, and it is the basis for your tax bill unless you object. You may protest it yourself or hire a professional tax expert to assist you, no matter how high or low the value of your property. O’Connor can represent you in your protest so that you don't have to do it on your own. Enroll today in the Property Tax Protection Program™!
LubbockCAD Houses Property Tax Summary
| Market Value Houses / Condos / Townhomes | $15,503,652,125 |
| Number Single Family Property Tax Protests | 12,702 |
| $ Value Single Family (Homes, Condo, Townhome) Protested | $2,521,861,004.00 |
| $ Value of Houses Resolved at Informal Protest | 572 |
| # of Property Tax Protest Hearings for Houses (ARB) | 1,583 |
| # Houses with Reduction at ARB Protest Hearing | 1,231 |
| $ Reduction Houses at ARB Protest Hearing | $25,632,087 |
| # Lawsuits Filed for Houses on ARB Values | 1 |
| ARB Value of All Lawsuits Filed for Single-Family / Houses | $137,496 |
| $ Reduction Property Tax Lawsuits for Houses Current Year | $0 |