Bell County Property Tax Protest - Apartments

By value, more than 73% of apartment owners in Bell County have filed property tax protests. In the period 2014-2021, there was an increase of $922 M in the value of Bell County apartments, bringing the total to $2 B. It is estimated that multifamily properties are worth $2 B in market value, with $1 B of the value protested. In 2021, Bell County projects that property tax savings will amount to $3 M for all types of properties, including informal hearings and appraisal review board hearings.

How come 73% of apartment owners appeal versus 7% of homeowners?

There has been a 125% increase in the value of apartments in the last five years. Owners of apartments protest 73% of Bell County apartments by value. Residential properties make up 7% of Bell County property, and only a quarter protest. Would you consider that to be fair? With O'Connor's professional representation, you can even the odds. You will not be charged any upfront fees, no market cut fees, and we will never charge you any fees until we reduce your property taxes that year. Approximately 30 to 50% of protests can be resolved by reviewing the appraisal district's initial value and evidence to refute it and reduce it.