ENROLL NOW Property Tax Protection Program™
Travis County Property Tax Protest - Apartments
For 99 percent of all apartments in Travis County, according to valuation, property tax protests were filed by apartment owners. Travis County's apartment market had an increase in value from $2 million in 2014 to $47 billion in 2022. The market value of multifamily properties in Travis Central Appraisal District (CAD) was stated to be $47 billion, although in 2022, $47 billion was protested. In 2022, Travis County savings on property taxes were $408 million, which included both informal and Appraisal Review Board (ARB) hearings. Judicial appeals are not included in this, however. Property owners in Travis County avoided paying an additional $82 million in court appeals.
Why Do 99% Apartment Owners versus 49% Homeowners Appeal?
Over the last five years, apartment owners have experienced a 1% growth in the value of their buildings. Owners of apartments protest 99% of their worth. Of all the tax rolls, houses make up 49%, however just 25% of all protests. Even the odds with O'Connor's expert counsel. Unless your property taxes are lowered that year, there are never any fees. Join the Property Tax Protection Program™, and in around 70–80% of cases, we will analyze, dispute, and lower the appraisal district's original value.
TravisCAD Apartments Property Tax Summary
Market ValueMultifamily / Apartments | $47,883,203,741 |
Number Multifamily / Apartment Property Tax Protests | 8,844 |
$ Value Multifamily/Apartment Protested | $47,981,414,550 |
# Lawsuits Filed for Multifamily / Apartments on ARB Values | 501 |
ARB Value of All Lawsuits Filed for Multifamily | $30,721,287,903 |
$ Reduction Property Tax Lawsuits for Multifamily Current Year | $971,455,707 |