Lubbock Central Appraisal District Property Tax Lawsuit Summary

LubbockCAD 2023 lawsuits filed regarding ARB determinations	Lawsuits
# Lawsuits Filed on ARB Values	110
# Lawsuits Filed for Houses on ARB Values	0
# Lawsuits Filed for Multifamily / Apartments on ARB Values	38
# Lawsuits Filed for Commercial on ARB Values	70
# Lawsuits Filed for Industrial on ARB Values	0
# Lawsuits Filed for Utility on ARB Values	0
# Lawsuits Filed for Oil & Gas on ARB Values	0

LubbockCAD 2023 property value involved in Lawsuits as determined by the ARB	certified property value
ARB Value of All Lawsuits Filed	$1,780,122,386
ARB Value of All Lawsuits Filed for Single-Family / Houses	$0
ARB Value of All Lawsuits Filed for Multifamily	$1,042,030,290
ARB Value of All Lawsuits Filed for Commercial	$735,747,895
ARB Value of All Lawsuits Filed for Industrial	$0
ARB Value of All Lawsuits Filed for Oil & Gas	$0
ARB Value of All Lawsuits Filed for All Other Types	$2,344,201

LubbockCAD 2023 Appraised value invoved in lawsuits that were resolved	Appraised Value
$ Value All Accounts Settled Current Year	$1,934,508,966
$ reduction All Accounts Settled Current Year	$200,904,138
% Reduction All Accounts Settled Current Year	10%
$ Reduction Property Tax Lawsuits for Houses Current Year	$0
$ Reduction Property Tax Lawsuits for Multifamily Current Year	$91,234,459
$ Reduction Property Tax Lawsuits for Commercial Current Year	$109,669,679
$ Reduction Property Tax Lawsuits for Industrial Current Year	$0
$ Reduction Property Tax Lawsuits for Utility Current Year	$0
$ Reduction Property Tax Lawsuits for Oil & Gas Current Year	$0
$ Reduction Property Tax Lawsuits for All others Current Year	$0