Lubbock County Property Taxes
The median property tax rate in Lubbock County is 1.86%, significantly higher than both the national median of 0.99% and the Texas state median of 1.67%. With a median home value of $190,386, the typical annual property tax bill in Lubbock County reaches approximately $3,513, surpassing the national median of $2,690. Property taxes in Lubbock County are calculated based on the tax assessed value, which generally falls below the actual market value due to various property tax exemptions, such as those for primary residences and agricultural properties. Understanding Lubbock County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Lubbock or another part of the county, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Lubbock County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.86%
Estimate Property Tax Bill
$3,541
$3,276
$1,148
Average Lubbock County Tax Savings
Ownwell’s Lubbock County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Lubbock County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Lubbock County to estimate your property tax bill. This insightful tool not only helps you understand potential tax liabilities but also highlights how Ownwell can help lower property taxes in Lubbock County. If you’d like to see trends on a city level scroll down to navigate to a more local informational page. Your property assessed value is the value assigned to your property by your county for property tax calculations. Assessed value takes into account any exemptions you may have on your property.
Property Tax Rates Across Lubbock County, Texas
Property taxes in Lubbock County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Lubbock County is 1.86%, which is higher than both the Texas state median of 1.60% and the U.S. national median of 0.99%. Local government entities within Lubbock County set these rates annually, and they can vary significantly between different areas within the county. Each year, Lubbock County estimates its required budget to maintain services for the upcoming fiscal year and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. The following data compares Lubbock County's effective property tax rate with other counties in Texas and the national median. For comparison, the city of Wolfforth has one of the higher property tax rates in Texas at 2.28%, while the city of Lorenzo boasts one of the lowest at 1.19%. Analyzing how Lubbock County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Lubbock County Tax Rate
1.86%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Lubbock County, Texas
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Abernathy | 1.28% | 1.55% | 1.66% | 2.15% | 2.15% |
| Anton | 1.41% | 1.48% | 1.60% | 1.69% | 1.71% |
| Idalou | 1.38% | 1.59% | 1.91% | 2.09% | 2.09% |
| Lorenzo | 0.70% | 1.03% | 1.19% | 1.19% | 1.44% |
| Lubbock | 1.54% | 1.72% | 1.86% | 1.97% | 2.09% |
| New Deal | 1.72% | 2.12% | 2.26% | 2.26% | 2.26% |
| Petersburg | 0.93% | 1.14% | 1.49% | 1.59% | 1.59% |
| Ransom Canyon | 1.81% | 1.85% | 2.05% | 2.17% | 2.36% |
| Ropesville | 1.00% | 1.29% | 1.43% | 1.61% | 1.61% |
| Shallowater | 1.41% | 1.61% | 1.71% | 2.31% | 2.31% |
| Slaton | 1.23% | 1.44% | 2.14% | 2.29% | 2.29% |
| Wolfforth | 1.57% | 1.61% | 2.28% | 2.35% | 2.35% |
Source: Ownwell
$1,148
Average Lubbock County Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Lubbock County, Texas
Understanding the difference between "market value" and "assessed value" is key to comprehending property taxes in Lubbock. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Lubbock Appraisal District. The assessed value, however, is the market value minus any applicable exemptions or limits based on local laws and available programs. The assessed value is then used to calculate your property taxes by multiplying it by the combined tax rates of all relevant taxing entities. Assessment notices in Lubbock are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. Notably, Ransom Canyon has the highest median tax bill at $7,011, while New Deal has the lowest at $881. Being aware of these valuation processes in Lubbock will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Average Lubbock County Assessed Value
$190,386
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Lubbock County, Texas
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Abernathy | $39,096 | $81,214 | $145,069 | $245,863 | $376,509 |
| Anton | $33,661 | $54,173 | $170,550 | $315,912 | $417,231 |
| Idalou | $57,349 | $110,689 | $189,402 | $298,052 | $433,788 |
| Lorenzo | $55,440 | $86,674 | $157,204 | $281,084 | $373,494 |
| Lubbock | $58,869 | $118,587 | $193,006 | $269,440 | $395,369 |
| New Deal | $6,245 | $11,000 | $36,452 | $98,267 | $170,499 |
| Petersburg | $75,858 | $93,945 | $193,221 | $223,250 | $281,056 |
| Ransom Canyon | $226,472 | $274,183 | $347,704 | $449,204 | $562,197 |
| Ropesville | $49,241 | $218,923 | $409,230 | $578,409 | $844,054 |
| Shallowater | $15,052 | $53,434 | $174,782 | $313,684 | $452,356 |
| Slaton | $16,324 | $50,312 | $97,154 | $169,824 | $252,366 |
| Wolfforth | $18,482 | $103,471 | $218,719 | $327,061 | $443,137 |
Source: Ownwell
$1,148
Average Lubbock County Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Lubbock County, Texas
In Lubbock County, Texas, property tax bills are determined based on the assessed value of a home, which is then multiplied by the local tax rate. For homeowners, this means that a median home price of $190,386 results in varying tax bills. The 25th percentile tax bill stands at $2,022, while the 75th percentile reaches $5,225, and the 90th percentile hits $7,672. These figures show a significant range, influenced by property values and local tax rates, with Ransom Canyon having the highest median tax bill at $7,011 and New Deal the lowest at $881. Factors such as property improvements, neighborhood changes, and market conditions can affect assessed values, leading to fluctuating tax bills. Ownwell helps homeowners navigate these complexities by providing professional property tax appeal and exemption services. By challenging over-assessments and identifying eligible exemptions, Ownwell ensures homeowners in Lubbock County pay only their fair share, potentially saving them thousands on their property tax bills.
Average Lubbock County Tax Bill
$3,513
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Lubbock County, Texas
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Abernathy | $639 | $1,351 | $2,481 | $3,709 | $5,761 |
| Anton | $500 | $771 | $2,753 | $4,837 | $6,586 |
| Idalou | $1,155 | $2,040 | $3,538 | $5,217 | $7,214 |
| Lorenzo | $583 | $1,081 | $1,965 | $2,686 | $4,010 |
| Lubbock | $1,054 | $2,142 | $3,563 | $5,198 | $7,580 |
| New Deal | $172 | $268 | $881 | $2,125 | $3,438 |
| Petersburg | $805 | $1,480 | $2,430 | $3,084 | $3,900 |
| Ransom Canyon | $4,378 | $5,336 | $7,011 | $9,350 | $12,262 |
| Ropesville | $523 | $3,365 | $4,559 | $8,078 | $12,053 |
| Shallowater | $274 | $1,014 | $3,422 | $6,275 | $8,995 |
| Slaton | $436 | $1,007 | $1,866 | $3,161 | $4,609 |
| Wolfforth | $295 | $1,918 | $4,528 | $7,108 | $9,635 |
Source: Ownwell
$1,148
Average Lubbock County Tax Savings
Save on your property taxes & more with Ownwell.
Want to lower your Lubbock County property taxes?
Looking to reduce your Lubbock County property taxes? Ownwell is the leading property tax protest company serving Lubbock County. We specialize in helping property owners in the Lubbock area and beyond lower their taxes by working directly with the Lubbock County Appraisal District. Through our tax monitoring service, we collect all necessary information to maximize your tax reductions. We navigate the complexities of the Lubbock County property tax protest process and identify all available property tax exemptions so you don’t have to. Whether you are a homeowner, a real estate investor, or an asset manager, our local team at Ownwell has the expertise to assess your current property tax situation and identify strategic opportunities for reducing your tax burden. By managing the protest process from beginning to end, we not only simplify the procedure but also increase your chances of obtaining a favorable result. Let Ownwell be your trusted partner in lowering your Lubbock County property tax expenses through our proven strategies and expert advocacy.
Property Tax Protests in Texas
In Lubbock County, TX, homeowners have the right to protest their property tax assessments if they believe their property has been over-assessed. The process begins with filing a formal protest with the Lubbock Central Appraisal District. Homeowners must submit their protest by May 15th or within 30 days of receiving their assessment notice, whichever is later. Once the protest is filed, the homeowner will receive a hearing date with the Appraisal Review Board (ARB), an independent entity that listens to property tax disputes. During the hearing, homeowners can present evidence to support their claim that their property has been over-assessed. This evidence can include recent sales data of comparable properties, an independent appraisal, or photographs documenting property condition issues. The ARB will review the evidence presented by both the homeowner and the appraisal district. After considering all the information, the ARB will make a determination. The potential outcomes of the protest can range from a reduction in the assessed value to no change at all. If the homeowner is dissatisfied with the ARB's decision, they can further appeal to the state district court. Ownwell can assist homeowners throughout this complex process. Our team of property tax experts will handle the paperwork, gather necessary evidence, and represent the homeowner during the ARB hearing. By leveraging our expertise and local market knowledge, we aim to secure the most favorable outcome for our clients. Trust Ownwell to navigate the intricacies of the property tax protest process and ensure you pay only your fair share of property taxes.
Exemptions in Texas
In Lubbock County, Texas, homeowners have access to several property tax exemption programs designed to reduce their tax burden. The most common exemption is the Homestead Exemption, which is available to homeowners who occupy their property as their primary residence. This exemption provides a reduction in the assessed value of the home, thereby lowering the overall property tax. Another significant exemption is the Over-65 Exemption, which benefits senior citizens. Homeowners aged 65 or older can apply for this exemption, which offers an additional reduction in the assessed value of their primary residence. This exemption can significantly lessen the property tax burden for elderly homeowners. Disabled individuals also have access to exemptions. The Disabled Person Exemption provides tax relief for homeowners who meet specific disability criteria, offering a reduction in the assessed value of their primary residence. Veterans and their surviving spouses may qualify for the Disabled Veteran Exemption. This exemption varies depending on the level of disability and can provide substantial tax relief. To apply for these exemptions, homeowners must submit an application to the Lubbock County Appraisal District along with the required documentation proving eligibility. Ownwell can help homeowners navigate this process by identifying applicable exemptions, ensuring all paperwork is correctly completed, and submitting applications on their behalf. This assistance can maximize the potential tax savings and ensure homeowners fully benefit from available exemptions.
Available Exemptions
Senior
Disabled
Home Stead
Veteran
Solar/Wind
Non-Profit
Don't miss the deadline to protest!
Dates | |
|---|---|
| Appeal Deadline | May 15 |
| Tax Bill | |
| Issued | October 1 |
| Due Date #1 | November 30 |
| Due Date #2 | June 30 |
Links | |
|---|---|
| Lubbock Appraisal District | |
| Phone | (806) 762-5000 |
| Website | lubbockcad.org |
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