Taxes
- Assessed Value: $410,579
- Assessed Year: 2025
- Assessed County: Lubbock
- APN: R76499
- Assessed Land Value: 58111
- Market Land Value: 58111
- Tax Amount: 7845.59
- Tax Year: 2024
- Market Value: 410579
- Market Year: 2025
502 E 40th St; Lubbock, TX Property Details
Off market
502 E 40th St Lubbock, TX 79404
$410,579 Estimated Value
14,112 SqFt
Property Type
GeneralProperty Details
Summary
- Purchase Method: Cash
- Owners / Type: 2 / Corporate
- Owner Status: Corporate
- Year Built: 1979
- APN: R76499
- Situs County: Lubbock
- Length Of Ownership: 48 years, 2 months
Measurements
- Total: 14,112/SqFt
- Lot: 145,277/SqFt
- Gross: 14,112/SqFt
- Living: 14,112/SqFt
- Building: 14,112/SqFt
Legal Description
- Description: CRAWFORD AUSTIN BLK 3 L 1-5 & N15OF CLOSED ALLEY
Building Insights
Land Information
- Property Type: General
- Within Flood Zone: True
- Flood Zone: X / Low/Medium Risk
- School District: Lubbock Independent School District
- Lat / Lon: 33.5575 / -101.831314
- Subdivision: Crawford Austin Ind
- Property Class: Commercial
- County Use Code: F1
Amenities
- Plus Four: 2816
Ownership Info
502 E 40th St has no associated ownership info
502 E 40th St has no associated ownership info.
Taxes
502 E 40th St has 10 associated Taxes items
502 E 40th St, Lubbock, TX pays taxes in Lubbock County, TX. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $410,579. The APN we've located for 502 E 40th St is R76499.
Unlock the full reportTax History
502 E 40th St has 12 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $410,579 | Land Value $58,111 | Improvement Value $352,468 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2024 | Assessed Value $432,049 | Land Value $58,111 | Improvement Value $373,938 | Tax Amount $7,845.59 | Change Rate +0.013562% | Assessed CR | Tax Rate +0.018159% |
| Year 2023 | Assessed Value $416,422 | Land Value $58,111 | Improvement Value $358,311 | Tax Amount $7,740.61 | Change Rate -0.142987% | Assessed CR | Tax Rate +0.018588% |
| Year 2022 | Assessed Value $446,176 | Land Value $58,111 | Improvement Value $388,065 | Tax Amount $9,032.08 | Change Rate -0.066179% | Assessed CR | Tax Rate +0.020243% |
| Year 2021 | Assessed Value $454,737 | Land Value $58,111 | Improvement Value $396,626 | Tax Amount $9,672.17 | Change Rate -0.047026% | Assessed CR | Tax Rate +0.02127% |
| Year 2020 | Assessed Value $473,916 | Land Value $58,111 | Improvement Value $415,805 | Tax Amount $10,149.46 | Change Rate +0.018552% | Assessed CR | Tax Rate +0.021416% |
| Year 2019 | Assessed Value $458,252 | Land Value $58,111 | Improvement Value $400,141 | Tax Amount $9,964.6 | Change Rate -0.025686% | Assessed CR | Tax Rate +0.021745% |
| Year 2018 | Assessed Value $455,570 | Land Value $58,111 | Improvement Value $397,459 | Tax Amount $10,227.3 | Change Rate +0.029972% | Assessed CR | Tax Rate +0.022449% |
| Year 2017 | Assessed Value $441,741 | Land Value $58,111 | Improvement Value $383,630 | Tax Amount $9,929.69 | Change Rate -0.006674% | Assessed CR | Tax Rate +0.022479% |
| Year 2016 | Assessed Value $444,140 | Land Value $58,111 | Improvement Value $386,029 | Tax Amount $9,996.41 | Change Rate | Assessed CR | Tax Rate +0.022507% |
| Year 2015 | Assessed Value $444,140 | Land Value $58,111 | Improvement Value $386,029 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2014 | Assessed Value $437,648 | Land Value $58,111 | Improvement Value $379,537 | Tax Amount $9,731.46 | Change Rate | Assessed CR | Tax Rate +0.022236% |