ENROLL NOW Property Tax Protection Program™
Cameron County Property Tax Protest - Apartments
For 31% of all apartments in Cameron County, according to valuation, property tax protests were submitted by apartment owners. In Cameron County, the value of all apartments increased from $638 million in 2014 to $1 billion in 2022. The multifamily market value stated by Cameron Appraisal District (CAD) was $1 billion, with $365 million of that amount being protested in 2022. In 2022, the combined savings from property taxes in Cameron County—including those from informal and Appraisal Review Board (ARB) hearings—amounted to around $7 million. Nevertheless, judicial appeals are not included in this; property owners in Cameron County were able to save an additional $2 million due to judicial appeals.
Why Do 31% Apartment Owners versus 9% Homeowners Appeal?
Why Do 31% Apartment Owners versus 9% Homeowners Appeal?
In the past five years, apartment owners have seen a 55% increase in the value of their buildings. In 2022, an apartment owner protested 31% of the value of their unit. Houses make up 9% of the tax roll; however, just 25% of people protest. even the odds with O'Connor's expert representation. Unless we lower your property taxes that year, there are never any fees—not even flat fees, upfront expenses, or market cut fees. Enroll in the Property Tax Protection Program™, and in around 60 to 70 percent of protests, we will review, dispute, and lower the assessment district's initial value.
CameronCAD Apartments Property Tax Summary
| Market ValueMultifamily / Apartments | $1,160,824,533 |
| Number Multifamily / Apartment Property Tax Protests | 717 |
| $ Value Multifamily/Apartment Protested | $365,396,694 |
| # Lawsuits Filed for Multifamily / Apartments on ARB Values | 10 |
| ARB Value of All Lawsuits Filed for Multifamily | $51,993,497 |
| $ Reduction Property Tax Lawsuits for Multifamily Current Year | $1,125,947 |