Q: When are property taxes due for the current fiscal year?
A: Property taxes for FY 2025-2026 are due by January 31, 2026. A grace period extends to February 1, 2026, after which penalties and interest apply.
Q: What homestead tax credits are available and how do I apply?
A: The primary homestead exemption provides up to $100,000 off your school district assessment, plus additional exemptions for county and city taxes. You must file an application with the Lubbock Central Appraisal District by April 30th. Applications are available online at their website.
Q: How does the homestead 10% cap work?
A: For homestead properties, the annual increase in assessed value is capped at 10% of the previous year's value, regardless of market value increases. This protection requires an approved homestead exemption on file and only applies to the residence homestead.
Q: When are properties assessed and how can I appeal?
A: Properties are assessed annually as of January 1st. You'll receive a notice of appraised value by April 1st. Informal appeals can be filed immediately, and formal appeals must be filed by May 31st or within 30 days of receiving your notice, whichever is later.
Q: What penalties apply for late payment?
A: Penalties begin February 2nd at 6% of the tax amount, increasing to 7% in March, 8% in April, and 9% in May. Interest of 1% per month also accrues on unpaid amounts.
Q: Can I pay my property taxes online?
A: Yes, Lubbock County offers online payment options through their Tax Assessor-Collector website. Credit cards, e-checks, and bank transfers are typically accepted, though convenience fees may apply.
Q: What other tax credits are available?
A: Additional credits include over-65 exemptions (requires application), disability exemptions, veteran exemptions, and agricultural/timber exemptions. Each has specific eligibility requirements and application deadlines.
Q: How do special district taxes affect my bill?
A: Special districts like hospital districts, utility districts, or municipal utility districts add to your tax rate. Your specific rate depends on which districts serve your property address. Contact the Lubbock Central Appraisal District to determine which districts apply to your property.
