Profile picture for Bachar

Local Property Taxes ,

Our Property Taxes keep going higher every year ,The only Place on earth ????
Any Idea how to argue that knowing the situation today ??????
Thx
  • April 26 2012 - Lubbock
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Answers (3)

Profile picture for PJ Zaji
You can file a protest with Lubbock appraisal district
  • May 15 2014
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As your home valuation keeps going up, your property taxes will rise with it as they are based on a percentage of your home's tax assessed value.

You can fill out a form to protest your tax assessed value when you receive your new tax assesment.  However, by state law in Texas, the tax office has to use comps from the previous calendar year, not going back 6 months like on a lender appraisal.

Regardless of what the market is currently doing in your neighborhood, it only matters what sold comps were out there last calendar year when you go to protest your home's valuation.

You might also verify that the tax office has the correct measurement of your home.  If they have it listed with more square footage than it actually has, that will increase your valuation.

Finally, ask them to make sure they have it classified correctly.  I had a listing a few years ago that was classified wrong, and that over-inflated the tax assessed value by thousands of dollars.
  • April 26 2012
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Unfortunately they always go up, not down:)
However, you can contest the valuation and there are instructions on how to do that if you call or visit your county website. Typically you need to justify that with some sold comparables or a recent appraisal if you have one. Also make sure it is worth your time to do that because you may only be saving a small amount of money if they do approve you.
  • April 26 2012
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