Property Tax Reductions for Lubbock Homeowners

While not as simple as exemptions, appeals are just as important when it comes to the long-term financial stability of property owners. These protests not only challenge inflated values but also establish a baseline for future appeals and tax assessments. In order to get a reduction, homeowners must show plenty of evidence to dispute property values. Photographs are an important first step and can be used to document things like deferred maintenance or damage. Comparisons to real estate sales and the appraisals of similar properties can also help show the true value of a home. Gathering key evidence and records can be difficult, which is why it is often helpful to turn to an expert like O’Connor to help you through the entire process.

Property Tax Appeals for Lubbock Residential Real Estate

While property taxes are paid in January, you cannot take your mind completely off your taxes in the early part of the year. In March or April, you receive a notice of appraised value, which states what LCAD has assessed your home for. Since this influences your tax bill, it is important to review this notice and see if there are any errors. This includes the name of the owner, exemptions, the size of the house, improvements, and the property’s classification. If any of these are in error, then an appeal can quickly correct them. If your taxable value has increased by a large amount or is unrealistic compared to your home, you can also appeal that. By challenging the value, you can fix issues including overassessment and unequal appraisal, both of which can make a major difference in your tax burden.

O’Connor Helps Lower Values in Lubbock and Across Texas

Based in Houston, we at O’Connor have been on the frontlines of property tax reduction in Texas for over 50 years. In that time, we have become a Texas favorite and one of the largest property tax consulting firmss in the nation. With over 185,000 clients on our books, we have seen and done everything there is to do in the property tax reduction game. We have built contacts in every appraisal district in the state and know the best way to land a reduction. When it comes to property tax appeals, we represent you at every level available and will keep pushing until you get the savings that you deserve.

Besides our statewide and national presence, we have also opened a branch office in Lubbock to help taxpayers in the area. By having people in Lubbock itself, we can get a feel for how things are going from homeowners and businesses. This combination of local and national presence gives us an edge over other firms that are either only national or local. When you sign up with us, you will be given a client success consultant, who will act as your personal advocate through the whole process. We believe that a personal touch in our clients’ best interests and is a standout feature in a world of AI and automated systems. There is no upfront cost to join us at O’Connor, and you will only be charged a contingency fee from your savings if we are able to lower your taxes.