Tarrant County Property Tax Protest - Apartments

Tarrant County apartment owners filed property tax protests for 93% of all Tarrant County apartments by value. The total value of apartments in Tarrant County rose from $333 million in 2014 to $30 billion in 2022. Tarrant Appraisal District (TAD) reported a total of $30 billion for multifamily market value and $32 billion protested in 2022. Tarrant County property tax savings for all types of property were about $451 million in 2022, including both the informal and Appraisal Review Board (ARB) hearings. However, this does not include judicial appeals. Tarrant County property owners saved another $28 million from judicial appeals.

Why Do 93% Apartment Owners versus 28% Homeowners Appeal?

Over the last five years, apartment owners have seen a 1% growth in the value of their buildings. Apartments owner protest 93% of apartment value. Houses are 28% of tax roll and only a quarter protest. Appeal and protest with professional representation from O'Connor. There are no flat fees, no upfront costs, and no market cut fees. Unless we lower your property taxes for that year, you won't be charged any fees. Enroll in the Property Tax Protection Program™ and we will review the appraisal districts initial value, refute it, and reduce it in about 60 to 70% of protests.

TAD Apartments Property Tax Summary

Market ValueMultifamily / Apartments	$30,346,251,067
Number Multifamily / Apartment Property Tax Protests	5,427
$ Value Multifamily/Apartment Protested	$32,772,972,669
# Lawsuits Filed for Multifamily / Apartments on ARB Values	697
ARB Value of All Lawsuits Filed for Multifamily	$22,330,045,579
$ Reduction Property Tax Lawsuits for Multifamily Current Year	$566,389,384