Lubbock County Market Value 2024

Property taxes in Lubbock County are based on the market value assessed by the county. However, the final tax amount can be significantly reduced through exemptions and special valuations for agricultural and open-space land. The market value for all property in 2024 was $37 billion. From the total, the market value of houses/condos/townhouses were $22 billion, apartments were $3 billion, and commercial was $6 billion.

Are You Appealing?

Every year, Lubbock County property owners face high property tax bills, yet only a small percentage take the opportunity to protest them. Whether you own residential or commercial property you’re encouraged to file an appeal for a chance to reduce your taxes annually. O’Connor offers a risk-free, contingency-based service: you only pay if we lower your property taxes. There are no upfront fees, no charges for hearings, filings, appraisals, or legal services. Enroll today in our Property Tax Protection Program™ to ensure you never miss a protest deadline and maximize your potential savings.

Market Value Summary

Market Value All Property	$37,568,918,661
Market Value Houses / Condos / Townhomes	$22,258,517,747
Market ValueMultifamily / Apartments	$2,901,343,704
Market Value Land	$497,335,294
Market Value Commercial	$5,740,834,179
Market Value Business Personal Property	$2,387,196,472
Market Value Utilities	$790,769,214
Market Value Oil & Gas	$151,641,350
Market Value Industrial Real Property	$282,300,753
Market Value Industrial Personal Property	$769,091,325
Market Value All Other Property	$1,789,888,623