Dallas County Property Tax Protest - Apartments
Property tax protests were submitted by owners of all apartments in Dallas County, accounting for 100% of the total value of multi-family accounts. Dallas County apartments were valued at $27 billion in 2014 and over time increase to $56 billion by 2022. The multifamily market value recorded by Dallas Central Appraisal District (CAD) was $56 billion, with all multi-family values reportedly being protested in 2022. In 2022, Dallas County tax savings on property taxes were about $1.076 billion, which included both informal and Appraisal Review Board (ARB) hearings. Judicial appeals are not included in this, however. Property owners in Dallas County saved money by not paying an additional $53 million in court appeals.
Why Do 100% Apartment Owners versus 27% Homeowners Appeal? In the last five years, apartment owners have experienced a 58% rise in the value of their buildings. Apartments owner protest 100% of apartment value. Houses are 27% of tax roll and only a quarter protest. Is that fair? even the odds with O'Connor's expert counsel. There aren't any upfront expenses, market cut fees, or flat fees. Unless your property taxes are lowered that year, there are never any fees. If you sign up for the Property Tax Protection Program™, we will examine the appraisal district's original value as well as any evidence that challenges or lowers it in around 45–53% of protests.
DallasCAD Apartments Property Tax Summary
Market ValueMultifamily / Apartments | $56,865,054,150 |
Number Multifamily / Apartment Property Tax Protests | 8,572 |
$ Value Multifamily/Apartment Protested | $58,189,317,260 |
# Lawsuits Filed for Multifamily / Apartments on ARB Values | 891 |
ARB Value of All Lawsuits Filed for Multifamily | $35,195,046,810 |
$ Reduction Property Tax Lawsuits for Multifamily Current Year | $1,665,405,475 |