Realtors in Lubbock

The county tax assessor-collector doesn't collect property taxes in Lubbock County; the appraisal district may collect some or all of them. Texas tax bills are generally due by January 31 of the following year, with penalty and interest from February 1. Appraisal districts value property as of January 1, and most protests are due by May 15 or 30 days after the notice is mailed, whichever is later.

New owners should apply for the homestead exemption at the appraisal district, generally before May 1. Under Tax Code amendments effective November 4, 2025, school districts must give a $140,000 homestead exemption, plus another $60,000 for owners 65 or older or disabled; confirm the current amounts with the appraisal district. Texas has no state property tax and no state income tax. Check how these apply to you with the appraisal district or a tax adviser.

If you are buying, ask your agent to show the current exemptions on the seller's account, and ask the appraisal district how your own homestead exemption applies in the year you buy.

Lubbock buyer agreements since 2026

A Lubbock agent who represents you as a buyer needs a signed written agreement before the first showing, a state rule in force from January 1, 2026. It must state the broker's pay and that it is fully negotiable and not set by law. If you just want to see one house, a broker can show it under a non-exclusive showing agreement of up to 14 days without representing you. TREC can't make a broker release you from a buyer agreement; that is a private contract matter, so read the end date before you sign.

Notices a Lubbock agent must give

Your agent must give you the Information About Brokerage Services notice at the first substantive talk about a property; the current form is IABS 1-2, effective January 1, 2026. Agents must also provide TREC's Consumer Protection Notice, CN 1-5. Commissions aren't regulated by TREC and are set by agreement.

Texas agents must use TREC's promulgated forms, and the most used is the One to Four Family Residential Contract (Resale), form 20-19, effective July 1, 2026. The buyer pays an option fee for an unrestricted right to terminate within a set number of days. Terminate in time and you get the earnest money back but not the option fee. Both go to the escrow agent within 3 days after the effective date, and the option fee is credited at closing.

Sellers must give a written Seller's Disclosure Notice by the effective date; a buyer who gets it late can terminate within seven days. Appraisal districts such as Bastrop and Fort Bend CAD describe Texas as a non-sales-disclosure state, so ask your agent for comparable sales. Statewide, about 336,000 homes sold in 2025, and the median price was $339,000 in July 2026, per the Texas Real Estate Research Center. Neither figure is specific to Lubbock.

Acting as a broker or sales agent in Texas takes a TREC license. Sales agents need 180 classroom hours, a background check and an exam, and must work for a licensed broker who answers for their work. TREC's License Holder Lookup shows license status, discipline, education and the sponsoring broker.

Complaints go to TREC in writing through the REALM portal within four years, and they can't be anonymous.

If a court judgment against a license holder goes unpaid, the Real Estate Recovery Trust Account can pay up to $125,000 per transaction. The ranking on this page follows the method in our terms of service and doesn't measure sales.

New owners will pick a retail electric provider in the LP&L area; see our Lubbock guide and Lubbock movers. The Texas real estate guide has more. Confirm contract and tax questions with a licensed Texas real estate broker or attorney.