Collin County Property Taxes – Lawsuits - 2022
A $225 million reduction in
Collin County property taxes was achieved in 2022 as a result of judicial appeals, or litigation filed in state district court. Collin County property tax lawsuits resolved rose from 201 in 2014 to 538 in 2022. Between 2014 and 2022, the overall value of accounts in litigation settlements decreased by 65% in only 7 years, from $19 billion to $12 billion. Tax assessment reduction accomplished through judicial appeals was about $812 million in 2022, including $602 million for commercial, $172 million for apartments, $176,119 thousand for houses.
Would You Benefit from a Judicial Appeal?
You could gain by taking your property tax appeal all the way to the court appeal stage, depending on the value of your property. O'Connor oversees the administration of court appeals, including the hiring and payment of attorneys, expert witness reports, and filing costs. Unless your property taxes are lowered in a court appeal below the level of the Appraisal Review Board (ARB), you don't have to pay anything. If you sign up for O'Connor's Property Tax Protection Program™, your account will be appealed to the greatest level possible each year. O'Connor will handle the binding arbitration or court appeal for property that satisfies minimum requirements as part of the Property Tax Protection Program™. We pay for everything, even the costs of binding arbitration. Unless your taxes are lowered below the ARB threshold, you make no payment.
Collin County Appraisal District Property Tax Lawsuit Summary
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CollinCAD 2022 lawsuits filed regarding ARB determinations
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Lawsuits
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# Lawsuits Filed on ARB Values
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538 |
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# Lawsuits Filed for Houses on ARB Values
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26 |
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# Lawsuits Filed for Multifamily / Apartments on ARB Values
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82 |
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# Lawsuits Filed for Commercial on ARB Values
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373 |
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# Lawsuits Filed for Industrial on ARB Values
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19 |
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# Lawsuits Filed for Utility on ARB Values
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0 |
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# Lawsuits Filed for Oil & Gas on ARB Values
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0 |
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CollinCAD 2022 property value involved in Lawsuits as determined by the ARB
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certified property value
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ARB Value of All Lawsuits Filed
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$18,156,810,021 |
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ARB Value of All Lawsuits Filed for Single-Family / Houses
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$53,161,421 |
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ARB Value of All Lawsuits Filed for Multifamily
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$5,258,281,932 |
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ARB Value of All Lawsuits Filed for Commercial
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$12,084,116,778 |
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ARB Value of All Lawsuits Filed for Industrial
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$447,714,118 |
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ARB Value of All Lawsuits Filed for Oil & Gas
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$0 |
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ARB Value of All Lawsuits Filed for All Other Types
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$313,353,772 |
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CollinCAD 2022 Appraised value invoved in lawsuits that were resolved
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Appraised Value
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$ Value All Accounts Settled Current Year
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$12,938,150,912 |
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$ reduction All Accounts Settled Current Year
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$812,906,011 |
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% Reduction All Accounts Settled Current Year
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6% |
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$ Reduction Property Tax Lawsuits for Houses Current Year
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$176,119 |
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$ Reduction Property Tax Lawsuits for Multifamily Current Year
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$172,547,618 |
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$ Reduction Property Tax Lawsuits for Commercial Current Year
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$602,400,057 |
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$ Reduction Property Tax Lawsuits for Industrial Current Year
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$25,468,990 |
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$ Reduction Property Tax Lawsuits for Utility Current Year
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$0 |
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$ Reduction Property Tax Lawsuits for Oil & Gas Current Year
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$0 |
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$ Reduction Property Tax Lawsuits for All others Current Year
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$12,313,227 |
