ENROLL NOW Property Tax Protection Program™
Collin County Property Tax Protest - Apartments
Collin County apartment owners filed property tax protests for 100% of all Collin County apartments by value. The total value of apartments in Collin County rose from $5 billion in 2013 to $15 billion in 2020. Collin CAD reported a total of $15 BB for multifamily market value and $21 BB protested in 2020. Annual savings from property tax protest for Collin County apartment owners are estimated to be $21 billion, up from roughly $7 billion in 2014. Collin County property tax savings for all types of property were about $180 million in 2020, including both the informal and appraisal review board hearings (ARB). However, this does not include judicial appeals. Collin County property owners saved another $26 million from judicial appeals.
Why Do 100% Apartment Owners versus 24% Home Owners Appeal?
Apartment owners have seen the value of their properties increased by 186% in the last five years. Apartments are 19% of the tax roll and everyone protests. Is that equitable? Even the odds with professional representation by O'Connor. No flat fee. No upfront costs. No market cut fees. No fees ever unless we reduce your property taxes that year. Enroll in the Property Tax Protection Program and we will review the appraisal districts initial value and evidence to refute it and reduce it in about 59 to 66% of protests.
CollinCAD Apartments Property Tax Summary
Market ValueMultifamily / Apartments | $14,932,671,327 |
Number Multifamily / Apartment Property Tax Protests | 1,528 |
$ Value Multifamily/Apartment Protested | $21,052,039,702 |
# Lawsuits Filed for Multifamily / Apartments on ARB Values | 111 |
ARB Value of All Lawsuits Filed for Multifamily | $5,024,032,226 |
$ Reduction Property Tax Lawsuits for Multifamily Current Year | $168,513,110 |