Collin County Property Taxes – Lawsuits - 2021
In the courts, Collin County property owners managed to successfully appeal their taxes and saved $20 M in 2021. These kinds of appeals have been growing in numbers over the years: from $4 B in 2014 to $12 B in 2021. That amounts to an 188% increase in 7 years. The total tax assessment reduction that took place through appeals in the court amounted to $750 M in 2021. That includes $389 M for commercial, $324 M for multifamily homes, and $570 K for single family homes.
Who Benefits from a Judicial Appeal?
It's possible you can benefit from elevating your protest to the courts. O'Connor will support you through the process, including paying for legal counsel, securing expert witness reports, and even handling all the filing and fees. You won't have to pay a thing unless we win! This is all part of enrolling in the Property Tax Protection Program™, where we coordinate everything at our expense.
Collin County Appraisal District Property Tax Lawsuit Summary
|
CollinCAD 2021 lawsuits filed regarding ARB determinations
|
Lawsuits
|
|
# Lawsuits Filed on ARB Values
|
363.00 |
|
# Lawsuits Filed for Houses on ARB Values
|
15.00 |
|
# Lawsuits Filed for Multifamily / Apartments on ARB Values
|
90.00 |
|
# Lawsuits Filed for Commercial on ARB Values
|
232.00 |
|
# Lawsuits Filed for Industrial on ARB Values
|
21.00 |
|
# Lawsuits Filed for Utility on ARB Values
|
0 |
|
# Lawsuits Filed for Oil & Gas on ARB Values
|
0 |
|
CollinCAD 2021 property value involved in Lawsuits as determined by the ARB
|
certified property value
|
|
ARB Value of All Lawsuits Filed
|
$11,21,38,78,133 |
|
ARB Value of All Lawsuits Filed for Single-Family / Houses
|
$2,72,26,687 |
|
ARB Value of All Lawsuits Filed for Multifamily
|
$4,01,55,77,206 |
|
ARB Value of All Lawsuits Filed for Commercial
|
$6,99,48,39,849 |
|
ARB Value of All Lawsuits Filed for Industrial
|
$4,07,25,996 |
|
ARB Value of All Lawsuits Filed for Oil & Gas
|
0 |
|
ARB Value of All Lawsuits Filed for All Other Types
|
$13,55,08,395 |
|
CollinCAD 2021 Appraised value invoved in lawsuits that were resolved
|
Appraised Value
|
|
$ Value All Accounts Settled Current Year
|
$12,774,035,666.00 |
|
$ reduction All Accounts Settled Current Year
|
$750,616,781.00 |
|
% Reduction All Accounts Settled Current Year
|
6% |
|
$ Reduction Property Tax Lawsuits for Houses Current Year
|
$5,70,735 |
|
$ Reduction Property Tax Lawsuits for Multifamily Current Year
|
$32,45,74,938 |
|
$ Reduction Property Tax Lawsuits for Commercial Current Year
|
$38,90,35,129 |
|
$ Reduction Property Tax Lawsuits for Industrial Current Year
|
$38,44,184 |
|
$ Reduction Property Tax Lawsuits for Utility Current Year
|
$0 |
|
$ Reduction Property Tax Lawsuits for Oil & Gas Current Year
|
$0 |
|
$ Reduction Property Tax Lawsuits for All others Current Year
|
$3,25,91,795 |
