Parker County Property Tax Protest - Apartments
Parker County apartment owners filed property tax protests for 65% of all Parker County apartments by value. The total value of apartments in Parker County rose from $2 million in 2014 to $497 million in 2021. Parker CAD reported a total of $497 MM for multifamily market value and $322 MM protested in 2021. Parker County property tax savings for all types of property were about $59 million in 2021, including both the informal and appraisal review board hearings (ARB). However, this does not include judicial appeals. Parker County property owners saved another $49,851 from judicial appeals.
Why Do 65% Apartment Owners versus 14% Home Owners Appeal? Apartment owners have seen the value of their properties increased by 100% in the last five years. Apartments owner protest 65% of apartment value. Houses are 14% of tax roll and only a quarter protest. 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 50 to 80% of protests.
ParkerCAD Apartments Property Tax Summary
Market ValueMultifamily / Apartments | $497,203,029 |
Number Multifamily / Apartment Property Tax Protests | 355 |
$ Value Multifamily/Apartment Protested | $322,521,116 |
# Lawsuits Filed for Multifamily / Apartments on ARB Values | 3 |
ARB Value of All Lawsuits Filed for Multifamily | $55,338,365 |
$ Reduction Property Tax Lawsuits for Multifamily Current Year | $0 |