Lubbock County, Texas Property Taxes

Homeowners in Lubbock County, TX, who believe their property tax assessment is inaccurate have the option to appeal the valuation. The appeal process begins with a formal protest to the Lubbock County Appraisal District. Homeowners must file this protest by the deadline specified in their assessment notice, typically within 30 days of receiving it. Once the protest is filed, homeowners may be required to provide evidence supporting their claim that the assessed value is too high. This evidence can include recent sales data of comparable properties, an independent appraisal, or any other relevant documentation.

The protest is first reviewed informally by an appraiser. If the homeowner and the appraiser cannot reach an agreement, the case is then presented to the Lubbock County Appraisal Review Board (ARB). The ARB is an independent panel that listens to both the homeowner's and the appraisal district’s perspectives before making a decision. The outcome of the protest can result in a reduction, confirmation, or, in some cases, an increase in the property's assessed value.

Ownwell assists homeowners throughout this entire process by providing expert guidance and representation. Our team of professionals gathers and analyzes market data, prepares compelling evidence, and represents homeowners during informal meetings and ARB hearings. By leveraging our expertise, homeowners can ensure their appeal is well-prepared and presented effectively, increasing the likelihood of a favorable outcome. With Ownwell's support, homeowners can navigate the complexities of the property tax protest process with confidence, potentially securing a reduction in their property tax bill.

Lubbock County offers several property tax exemption programs designed to ease the financial burden on homeowners. A primary exemption available is the Homestead Exemption, which is applicable to a homeowner's primary residence. This exemption provides a reduction in the assessed value of the home, thereby lowering the property tax bill. To qualify, homeowners must occupy the property as their primary residence as of January 1st of the tax year.

Another valuable exemption is the Over-65 Exemption, which offers additional relief to senior citizens. Eligible homeowners aged 65 or older can receive a further reduction in their assessed home value. This exemption not only lowers the tax bill but also freezes the tax amount, preventing it from increasing in future years.

For veterans, the Disabled Veteran Exemption provides substantial tax relief. The amount of the exemption varies based on the degree of disability, offering significant savings for those who qualify.

To apply for these exemptions, homeowners must submit the required forms to the Lubbock County Appraisal District along with the necessary documentation. Ownwell can assist homeowners in navigating this process, ensuring all paperwork is correctly completed and submitted on time. By leveraging Ownwell's expertise, homeowners can maximize their savings and take full advantage of the available property tax exemptions.