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Yes, Lubbock Property Taxes Are Going Up: Here Is Why - KFYO
Lubbock property taxes are going up in 2026, and the City of Lubbock has proposed a rate of $0.513421 per $100 valuation to make it happen. The no-new-revenue rate sits at $0.475154 per $100.
The no-new-revenue rate sits at $0.475154 per $100. That figure represents the rate that would pull in the same total property tax dollars from the same properties as the year before, so anything above it means the city is collecting more. The proposed rate clears that baseline by a meaningful margin.
Here is the part that might surprise some people: voters approved this. The voter-approval rate, which is the legal ceiling the city can reach without triggering a separate election, comes in at $0.513447 per $100. The city's proposed rate of $0.513421 lands just below that cap, a difference of only $0.000026 per $100, meaning Lubbock is pushing right up to the edge of what residents already signed off on.
For homeowners across the city, that gap between the proposed rate and the no-new-revenue rate is where the real-dollar difference shows up on your tax bill. The higher your property's assessed valuation, the more that spread costs you each year.
Common questions
Why are Lubbock property taxes going up in 2026?
- The City of Lubbock proposed a tax rate of $0.513421 per $100 valuation, which is higher than the no-new-revenue rate of $0.475154. That means the city will collect more total property tax dollars than the year before, not just the same amount from rising valuations.
Did Lubbock residents vote to allow this tax increase?
- Yes. The voter-approval rate - the legal ceiling the city can reach without triggering a separate election - is $0.513447 per $100. The city's proposed rate of $0.513421 falls just $0.000026 below that cap, meaning voters previously authorized this level of taxation.
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