BexarCAD 2021 Industrial Personal Property Tax Protest Summary
Did you know that industrial property accounts for 2% of Bexar County's property taxes, but the owners of this property protested 76% of its total value in 2021? Industrial properties include industries like refineries, chemical processing plants, and manufacturing/fabrication facilities. Out of $3 B total property value, industry owners protested $2 B. Still, these properties only file the judicial appeal level 4% of the time. For comparison, 33% of multifamily and 22% of commercial properties by value filed at the judicial appeal level and homeowners filed for 0.1% of home values.
Where Do You Stand? Owners of these powerful companies can easily afford representation. Did you know you can have the same? O'Connor represents owners of about 250,000 properties every year. As a part of their Property Tax Protection ProgramTM, you never have to pay an upfront cost or flat fees. You'll only pay if we're able to reduce your taxes!
BexarCAD Industrial Property Tax Summary
| Market Value Industrial Real Property | $1,650,200,436.00 |
| Market Value Industrial Personal Property | $2,055,299,838.00 |
| Number Industrial Real Property Property Tax Protests | 380 |
| Number Industrial Personal Property Property Tax Protests | 147 |
| $ Value Industrial Real and Personal Protested | $2,828,409,886.00 |
| # Lawsuits Filed for Industrial on ARB Values | 10 |
| ARB Value of All Lawsuits Filed for Industrial | $135,154,859.00 |
| $ Reduction Property Tax Lawsuits for Industrial Current Year | $105,905,005.00 |