Taxes
- Assessed Value: $435,000
- Assessed Year: 2025
- Assessed County: Lubbock
- APN: R308078
- Assessed Land Value: 18055
- Market Land Value: 18055
- Tax Amount: 8171.56
- Tax Year: 2024
- Market Value: 435000
- Market Year: 2025
701 E 40th St; Lubbock, TX Property Details
Off market
701 E 40th St Lubbock, TX 79404
$435,000 Estimated Value
11,250 SqFt
Property Type
GeneralProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 1 / Corporate
- Owner Status: Corporate
- Year Built: 2001
- Purchase Price: $375,000
- APN: R308078
- Situs County: Lubbock
- Length Of Ownership: 12 years
Measurements
- Total: 11,250/SqFt
- Lot: 60,182/SqFt
- Gross: 11,250/SqFt
- Living: 11,250/SqFt
- Building: 11,250/SqFt
- Price Per Square Foot: $33.33
Legal Description
- Description: BURLINGTON IND #2 BLK 13 L 3
Building Insights
Land Information
- Property Type: General
- Within Flood Zone: True
- Flood Zone: AE / High Risk
- School District: Lubbock Independent School District
- Lat / Lon: 33.558144 / -101.82864
- Subdivision: Burlington Industrial #2
- Property Class: Commercial
- County Use Code: F1
Amenities
- Plus Four: 3005
Ownership Info
701 E 40th St has no associated ownership info
701 E 40th St has no associated ownership info.
Taxes
701 E 40th St has 10 associated Taxes items
701 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 $435,000. The APN we've located for 701 E 40th St is R308078.
Unlock the full reportTax History
701 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 $435,000 | Land Value $18,055 | Improvement Value $416,945 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2024 | Assessed Value $450,000 | Land Value $18,055 | Improvement Value $431,945 | Tax Amount $8,171.56 | Change Rate +0.02234% | Assessed CR | Tax Rate +0.018159% |
| Year 2023 | Assessed Value $430,000 | Land Value $4,697 | Improvement Value $425,303 | Tax Amount $7,993 | Change Rate -0.036959% | Assessed CR | Tax Rate +0.018588% |
| Year 2022 | Assessed Value $410,000 | Land Value $4,697 | Improvement Value $405,303 | Tax Amount $8,299.75 | Change Rate +0.121298% | Assessed CR | Tax Rate +0.020243% |
| Year 2021 | Assessed Value $348,000 | Land Value $4,697 | Improvement Value $343,303 | Tax Amount $7,401.91 | Change Rate -0.006831% | Assessed CR | Tax Rate +0.02127% |
| Year 2020 | Assessed Value $348,000 | Land Value $4,697 | Improvement Value $343,303 | Tax Amount $7,452.82 | Change Rate -0.121182% | Assessed CR | Tax Rate +0.021416% |
| Year 2019 | Assessed Value $390,000 | Land Value $4,697 | Improvement Value $385,303 | Tax Amount $8,480.5 | Change Rate -0.039642% | Assessed CR | Tax Rate +0.021745% |
| Year 2018 | Assessed Value $393,353 | Land Value $4,697 | Improvement Value $388,656 | Tax Amount $8,830.56 | Change Rate -0.00826% | Assessed CR | Tax Rate +0.022449% |
| Year 2017 | Assessed Value $396,116 | Land Value $4,697 | Improvement Value $391,419 | Tax Amount $8,904.11 | Change Rate +0.019798% | Assessed CR | Tax Rate +0.022479% |
| Year 2016 | Assessed Value $387,929 | Land Value $4,697 | Improvement Value $383,232 | Tax Amount $8,731.25 | Change Rate | Assessed CR | Tax Rate +0.022507% |
| Year 2015 | Assessed Value $388,880 | Land Value $4,697 | Improvement Value $384,183 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2014 | Assessed Value $371,193 | Land Value $4,697 | Improvement Value $366,496 | Tax Amount $8,253.79 | Change Rate | Assessed CR | Tax Rate +0.022236% |