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524 E 40th St; Lubbock, TX Property Details

524 E 40th St, Lubbock, TX is a General that was built in 1977. This property is currently Financed and is not for sale. Our records show that 524 E 40th St has a total of 47,300 square feet. The lot size of 524 E 40th St is 78,099 square feet.

Off market
524 E 40th St Lubbock, TX 79404
$800,000 Estimated Value
47,300 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1977
  • Purchase Price: $1,000,000
  • APN: R76697
  • Situs County: Lubbock
  • Length Of Ownership: 19 years

Measurements

  • Total: 47,300/SqFt
  • Lot: 78,099/SqFt
  • Gross: 47,300/SqFt
  • Living: 47,300/SqFt
  • Building: 47,300/SqFt
  • Price Per Square Foot: $21.14

Legal Description

  • Description: CRAWFORD AUSTIN BLK 3 L 11
Building Insights

Land Information

  • Property Type: General
  • Within Flood Zone: True
  • Flood Zone: AE / High Risk
  • School District: Lubbock Independent School District
  • Lat / Lon: 33.55757 / -101.830025
  • Subdivision: Crawford Austin Ind
  • Property Class: Commercial
  • County Use Code: F1

Amenities

  • Plus Four: 2800

Ownership Info

524 E 40th St has no associated ownership info
524 E 40th St has no associated ownership info.

Taxes

524 E 40th St has 10 associated Taxes items

524 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 $800,000. The APN we've located for 524 E 40th St is R76697.

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Taxes
  • Assessed Value:  $800,000
  • Assessed Year:  2025
  • Assessed County:  Lubbock
  • APN:  R76697
  • Assessed Land Value:  23430
  • Market Land Value:  23430
  • Tax Amount:  15798.35
  • Tax Year:  2024
  • Market Value:  800000
  • Market Year:  2025

Tax History

524 E 40th St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $800,000 Land Value $23,430 Improvement Value $776,570 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $870,000 Land Value $23,430 Improvement Value $846,570 Tax Amount $15,798.35 Change Rate +0.03019% Assessed CR Tax Rate +0.018159%
Year 2023 Assessed Value $825,000 Land Value $15,620 Improvement Value $809,380 Tax Amount $15,335.38 Change Rate -0.053059% Assessed CR Tax Rate +0.018588%
Year 2022 Assessed Value $800,000 Land Value $15,620 Improvement Value $784,380 Tax Amount $16,194.66 Change Rate +0.05602% Assessed CR Tax Rate +0.020243%
Year 2021 Assessed Value $721,000 Land Value $15,620 Improvement Value $705,380 Tax Amount $15,335.56 Change Rate -0.006832% Assessed CR Tax Rate +0.02127%
Year 2020 Assessed Value $721,000 Land Value $15,620 Improvement Value $705,380 Tax Amount $15,441.05 Change Rate +0.004387% Assessed CR Tax Rate +0.021416%
Year 2019 Assessed Value $707,000 Land Value $15,620 Improvement Value $691,380 Tax Amount $15,373.61 Change Rate -0.102117% Assessed CR Tax Rate +0.021745%
Year 2018 Assessed Value $762,693 Land Value $15,620 Improvement Value $747,073 Tax Amount $17,122.07 Change Rate -0.055517% Assessed CR Tax Rate +0.022449%
Year 2017 Assessed Value $806,480 Land Value $15,620 Improvement Value $790,860 Tax Amount $18,128.51 Change Rate +0.00186% Assessed CR Tax Rate +0.022479%
Year 2016 Assessed Value $803,954 Land Value $15,620 Improvement Value $788,334 Tax Amount $18,094.86 Change Rate Assessed CR Tax Rate +0.022507%
Year 2015 Assessed Value $853,635 Land Value $15,620 Improvement Value $838,015 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $838,899 Land Value $15,620 Improvement Value $823,279 Tax Amount $18,653.62 Change Rate Assessed CR Tax Rate +0.022236%