Lubbock, TX Property Tax Rates

Compare property tax rates across 13 ZIP codes in Lubbock, Texas.

ACS 2019-2023 · Updated Dec 2024

Avg Tax Rate

1.46%

Avg Annual Tax

$2,377

Avg Home Value

$155,731

ZIP Codes

13

Property Tax Overview: Lubbock, TX

Lubbock has 13 ZIP codes with property tax data. The average effective tax rate across these ZIPs is 1.46%, which is 8% above the Texas average of 1.35%. Annual property taxes range from $767 (ZIP 79403) to $5,121 (ZIP 79424).

For a home at Lubbock's median value of $155,731, property taxes add approximately $189/month to housing costs. Lubbock home values are below the Texas median of $231,329, which moderates the overall monthly tax burden.

Property tax rates within Lubbock vary by 0.91 percentage points across its ZIP codes. This variation typically reflects different school district boundaries, special assessment zones, and municipal service areas within the city.

ZIP Codes in Lubbock, TX

ZIP CodeEffective RateMedian TaxMedian Home Value
794030.92%$767$83,100
794151.11%$1,048$94,000
794041.16%$1,001$86,300
794121.31%$1,539$117,200
794011.42%$1,444$101,500
794071.44%$2,884$200,700
794131.45%$2,849$195,900
794141.47%$2,209$150,500
794101.58%$3,336$211,300
794231.71%$3,797$222,500
794161.71%$3,362$196,900
794111.81%$1,540$85,000
794241.83%$5,121$279,600

Lubbock vs Texas Average

Effective Tax Rate

Lubbock1.46%
Texas Avg1.35%

8% above state average

Annual Property Tax

Lubbock$2,377
Texas Avg$3,131

Median Home Value

Lubbock$155,731
Texas Avg$231,329

Frequently Asked Questions

What is the average property tax rate in Lubbock, TX?

The average effective property tax rate in Lubbock, Texas is 1.46%, based on 13 ZIP codes.

How much is property tax in Lubbock, TX?

The average median annual property tax in Lubbock is $2,377 per year, with a median home value of $155,731.

Which ZIP code in Lubbock has the lowest property tax rate?

ZIP code 79403 has the lowest effective tax rate in Lubbock at 0.92%, with a median annual tax of $767.

How many ZIP codes are in Lubbock, TX?

Lubbock, Texas has 13 ZIP codes with property tax data available.

Which ZIP code in Lubbock has the highest property tax rate?

ZIP code 79424 has the highest effective tax rate in Lubbock at 1.83%, with a median annual tax of $5,121.

How do Lubbock property taxes compare to the Texas average?

Lubbock's average effective rate of 1.46% is 8% above the Texas state average of 1.35%.

What factors affect property tax rates between ZIP codes in Lubbock?

Property tax rate differences within Lubbock are typically driven by school district boundaries (which can account for 40–60% of a tax bill), special assessment zones for fire, water, or transit services, and whether a ZIP falls within city limits or an unincorporated area. Each taxing jurisdiction sets its own rate, which is why adjacent ZIP codes can have noticeably different effective rates.

Tips for Lubbock Homeowners

  • Appeal your assessment: If your home is assessed higher than its market value, you can file a property tax appeal. Studies suggest 30–60% of properties are over-assessed. Most counties offer a free informal review process.
  • Check your exemptions: Homestead exemptions can reduce your taxable value and are available to primary residents in most states. Senior, veteran, and disability exemptions may also apply. Exemptions must typically be applied for — they are not automatic.
  • Know your assessment cycle: Texas reassesses properties periodically. After buying a home, your next tax bill may reflect a new assessment based on your purchase price. Budget accordingly, especially if you bought above prior assessed values.
  • Compare ZIP codes before buying: Even within Lubbock, effective tax rates can vary significantly across ZIP codes due to different school district overlays. Use PropertyTaxByZip to compare specific ZIPs before choosing a neighborhood.

Looking for county-level property tax data? View Lubbock County on TaxByCounty.com

Data from U.S. Census Bureau, American Community Survey 2019-2023 5-Year Estimates (ZCTA level). ZIP Code Tabulation Areas (ZCTAs) are Census approximations of USPS ZIP codes.

Estimates are informational only and should not be used as financial or legal advice.

Learn about our data sources and methodology →