Property Tax Lawyers in Lubbock County

The law of Lubbock County, Texas says that everyone who owns real property has to pay taxes on it. The term "real property" refers to land and buildings, as well as anything attached to the land, like trees and natural resources.

Property tax in Lubbock County, Texas is derived by taking a percentage of the appraised value of the property in question. They are normally collected on an annual or monthly schedule.

In general, the federal government does not impose any property tax. Usually, property tax is imposed by state, county, and municipal governments.

How Property Tax is Calculated in Lubbock County, Texas

Most often, property taxes in Lubbock County, Texas are simply a set percentage of the property's value. Across the country, state authorities impose a wide range of different tax rates. The highest rates in the country are in the area of 5% of the property's value, and the lowest are less than 1%.

To collect the property tax, the authorities of Lubbock County, Texas have to first determine the value of an individual piece of land.

Value is subjective in many respects. The home that you grew up in is probably worth more to you than its going market rate. Therefore, to ensure that property taxes are fair and uniform, tax collectors have to use purely objective factors when appraising property.

There are many different ways to value property using objective factors. Typically, the appraiser in Lubbock County, Texas will consider the current state of the real estate market, the size of the property, any improvements (buildings, roads, etc.) that have been made on the property, and the manner in which the property may be legally used (zoning).

How A Lubbock County, Texas Property Tax Attorney Can Help.

Property tax law in Lubbock County, Texas is not always simple. Legal disagreements about property taxes can arise from almost any situation. For instance, you might have reason to suspect that the taxable value of your home was overestimated, creating a bigger property tax bill. And, the government might claim that you have underpaid your property taxes, while you think that you have paid the correct amount.

If you encounter a legal issue with your Lubbock County, Texas property taxes, and don't handle it properly, unnecessary inconvenience and expense can result. If you have the assistance of a qualified tax attorney in Lubbock County, Texas, however, the odds of encountering such a problem will be small.