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Updated by O’Connor Associates on Nov 16, 2023
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O'Connor Property Tax Reduction Experts

O'Connor provides a brief summary of chapter 171 of the tax code. Get in touch with O'Connor today! Visit https://www.poconnor.com/chapter-171-2/

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Methods For Valuing Personal Property | O'Connor

The three primary approaches to valuation are cost, income and the sales comparison approach. These approaches are used for valuing real estate, businesses and personal property. The underlying theory does not change. The types of data and analyses are different. For more information on on personal property valuation methods visit:- https://www.poconnor.com/methods-for-valuing-personal-property/

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Residential Property Tax | Property Tax Protection Program

Please complete the enrollment form to secure our services for the upcoming tax year. By enrolling now for the upcoming tax year, you gain access to the Property Tax Protection Program™ which includes automatic filing of your property protest every year so that you never miss the deadline. Visit: O'Connor, Property tax reduction experts for more information's on Residential Property Tax Protection Program at https://www.poconnor.com/residential/

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Subchapter DD | O'Connor | Property Tax Reduction Experts

In this subchapter: Low Income Housing Tax Credit Program.
Sec. 2306.6701. PURPOSE. The department shall administer the low income housing tax credit program to:
(1) encourage the development and preservation of appropriate types of rental housing for households that have difficulty finding suitable, affordable rental housing in the private marketplace;
(2) maximize the number of suitable, affordable residential rental units added to the state’s housing supply;
To learn more information's on on Subchapter DD visit:- https://www.poconnor.com/subchapter-dd/

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S.B.No.1093 | O'Connor | Property Tax Reduction Experts

An act relating to non substantive additions to and corrections in enacted codes, to the non substantive codification or disposition of various laws omitted from enacted codes, and to conforming codifications enacted by the 82nd Legislature to other Acts of that legislature. To learn more information's on S.B.No.1093 visit:- https://www.poconnor.com/s-b-no-1093/ Texas property tax reduction's experts.

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S.B.No.1088 | O'Connor | Property Tax Reduction Experts

An act relating to the duty of the chief appraiser of an appraisal district to provide certain information. To learn more information's on S.B.No.1088 visit:- https://www.poconnor.com/s-b-no-1088/ Texas property tax reduction's experts.

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Lubbock County Single Family Median Sale Price

The median Lubbock home sale price in January 2022 was $219,775, based on a study conducted by O’Connor of 5,083 sales in Lubbock County during January 2022 to March 2023. To learn more information's on Lubbock County single family median sales price & Market Value visit:- https://www.poconnor.com/lubbock-homes-typically-valued-near-100/

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2023 Lubbock County Single Family % Increase by value range

Lubbock County single-family homeowners with property over $1.5M are shocked to see assessed value increases skyrocket by 68.4%! . To know more information on Lubbock county single family & Tax Assessment visit:- https://www.poconnor.com/lubbock-homes-typically-valued-near-100/

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2023 Lubbock County Single Family Assessment Increase by Living Area

Evaluating Lubbock County homes by living area, O’Connor has identified the size ranges with the most significant rise in assessment as properties between 6,000 and 7,999 sq. ft., up 20.2% and properties over 8,000 sq. ft. are up a staggering 26.4% for 2023. Visit:- https://www.poconnor.com/lubbock-homes-typically-valued-near-100/ for more information's on Lubbock county & Tax Assessment.

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Lubbock Metro Single Family Value Appreciation vs Lubbock Assessment Increase %

Lubbock metro area home prices are down 3.3% while Lubbock County appraisals are up 16.9%. This is a gap of over 20%. Visit:- https://www.poconnor.com/lubbock-homes-typically-valued-near-100/ Lubbock county Market Value.

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2023 Lubbock County Single Family Assessment % Increase by Year Built

Lubbock County homes built since the turn of the century have the greatest increase in assessed value, rising by 22%. For further information on Lubbock county single family tax assessment visit:- https://www.poconnor.com/lubbock-homes-typically-valued-near-100/