Ector County Commercial Property Taxes 2021
Ector County commercial property valuations increased from $2.51 B in 2014 to $3.72 B in 2021, an increase of 42%. When reviewing 2021 residential property values, these have increased from $4.64 B in 2014 to $7 B in 2021, an escalation of 63%. 24.2 B dollars in property tax appeals were filed for commercial property in Ector County in 2021, 43% of all commercial property. 675 protests filed in 2014 for commercial property in Ector County, compared to 801 filed in 2021.
Property protests: should you do it?Usually, the appraisal district sends the initial notice of value to the property owner. If you fail to protest, the decision is final. There is a reason why 43% of Ector County commercial owners appeal. The process is effective. With the Property Tax Protection Program™, you will never miss a deadline for submitting a property tax protest.
EctorCAD Commercial Property Tax Summary
Market Value Commercial | $2,510,012,371 |
Number Commercial Property Tax Protests | 801 |
$ Value Commercial Real and Personal Protested | $2,423,499,096 |
# Lawsuits Filed for Commercial on ARB Values | 30 |
ARB Value of All Lawsuits Filed for Commercial | $209,680,551 |
$ Reduction Property Tax Lawsuits for Commercial Current Year | $67,207,071 |