Homestead Exemption

Homestead Exemption Lowers Your Tax Bill

If your home is your main residence, you likely qualify for a homestead exemption that reduces what you pay in property taxes.

Lubbock County Money & Taxes

Texas requires school districts to give qualifying homeowners a $140,000 reduction in their home's taxable value. Other local taxing units can add their own exemptions on top of that. Together, these can meaningfully lower your annual tax bill.

You apply once through the Lubbock Central Appraisal District. The general filing deadline is before May 1 of the tax year, but verify the current deadline on the CAD website. Once approved, you do not have to reapply each year unless your status changes.

Source to confirm: Texas Comptroller — Property Tax Exemptions

More Lubbock County notes

Property Tax

Who Values Your Property for Taxes

The Lubbock Central Appraisal District sets the value of your property; a separate tax office collects what you owe.

Read note ->

Homestead Cap

The Homestead Cap Slows Tax Increases

Texas law limits how much your home's taxable value can rise each year once you have a homestead exemption.

Read note ->

Ag Valuation

Agricultural Land Can Be Taxed at a Much Lower Rate

Farm and ranch land in Lubbock County can be taxed on what it produces, not what it would sell for, which often cuts the tax bill sharply.

Read note ->

Tax Protest

You Can Protest Your Appraisal Value

If you think the appraisal district has overvalued your property, you have the right to formally protest and seek a lower value.

Read note ->