Lubbock County Property Taxes – Lawsuits - 2021
Lubbock County property taxes decreased due to lawsuits in the state district court decreased by over $1 M in 2021. The number of lawsuits increased to 54 in 2021, up from only 12 judicial appeals in 2014. The total property value of Lubbock County lawsuits in state district court grew to $772 M in 2021, from only $79 M in 2014. This is an enormous increase of 870%. In Lubbock County, the 2021 total reduction in tax assessments equaled $67 B through judicial appeals, comprised of $12 B in commercial property tax savings and $55 B tax reductions for apartment owners.
Would you Benefit from a Judicial Appeal?
Should your property meet the criteria, we can help coordinate your judicial tax appeal by organizing legal counsel, expert witness reports, and filing fees. A judicial appeal could be a great benefit to your tax reduction strategy, but unlike O’Connor, few other property tax consultants routinely pursue this option. In our Property Tax Protection Program™, you pay nothing unless we successfully lower your taxes below the appraisal review board level. Register now!
Lubbock County Appraisal District Property Tax Lawsuit Summary
LubbockCAD 2021 lawsuits filed regarding ARB determinations
|
Lawsuits
|
# Lawsuits Filed on ARB Values
|
65 |
# Lawsuits Filed for Houses on ARB Values
|
1 |
# Lawsuits Filed for Multifamily / Apartments on ARB Values
|
29 |
# Lawsuits Filed for Commercial on ARB Values
|
35 |
# 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 2021 property value involved in Lawsuits as determined by the ARB
|
certified property value
|
ARB Value of All Lawsuits Filed
|
$1,077,368,409 |
ARB Value of All Lawsuits Filed for Single-Family / Houses
|
$137,496 |
ARB Value of All Lawsuits Filed for Multifamily
|
$584,807,626 |
ARB Value of All Lawsuits Filed for Commercial
|
$492,423,287 |
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
|
$0 |
LubbockCAD 2021 Appraised value invoved in lawsuits that were resolved
|
Appraised Value
|
$ Value All Accounts Settled Current Year
|
$772,569,730.00 |
$ reduction All Accounts Settled Current Year
|
$67,691,230.00 |
% Reduction All Accounts Settled Current Year
|
9% |
$ Reduction Property Tax Lawsuits for Houses Current Year
|
$0 |
$ Reduction Property Tax Lawsuits for Multifamily Current Year
|
$55,321,139 |
$ Reduction Property Tax Lawsuits for Commercial Current Year
|
$12,370,091 |
$ 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 |