Denton County Property Tax Protest - Apartments

71% of all apartments in Denton County by value had property tax protests filed by their owners. Denton County's apartment market had an increase in value from $4 billion in 2014 to $13 billion in 2022. The multifamily market value recorded by Denton Central Appraisal District (CAD) was $13 billion, with $18 billion of that amount being protested in 2022. In 2022, Denton County savings on property taxes were $429 million, which included both informal and Appraisal Review Board (ARB) hearings. Judicial appeals, on the other hand, are not included in this; Denton County property owners were able to save an additional $21 million due to them.

Why Do 71% Apartment Owners versus 30.5% Homeowners Appeal?

In the last five years, apartment owners have experienced a 33% growth in the value of their buildings. Owners of apartments protested 71% of their value. Houses make up 9% of the tax roll, however just 25% of people protested. Even the odds with O'Connor's expert counsel. Enroll in the Property Tax Protection Program™, and we will analyze the appraisal district's initial value, contest it, and lower it in around 68 to 77% of protests. There are never any costs until we decrease your property taxes that year.

DentonCAD Apartments Property Tax Summary

Market ValueMultifamily / Apartments	$13,432,784,537
Number Multifamily / Apartment Property Tax Protests	2,259
$ Value Multifamily/Apartment Protested	$18,950,722,151
# Lawsuits Filed for Multifamily / Apartments on ARB Values	183
ARB Value of All Lawsuits Filed for Multifamily	$8,132,556,686
$ Reduction Property Tax Lawsuits for Multifamily Current Year	$279,549,792