FortBend County Property Taxes – Lawsuits - 2021
Did you know that property taxes in Fort Bend were reduced by more than $15 M from court hearings? These kinds of lawsuits increased in annual frequency between 2014 and 2021, from 127 to 558. In that same period, settlements rose from $1 B to $5 B, a 256% increase. The assessment reduction amounted to $591 M in 2021. This includes $391 M for commercial, $191 M for multifamily homes, and $4 M for single family homes.
Who Benefits from Court Appeals?
You might benefit from elevating your appeal to the courts. While it depends on your property value, O'Connor is able to manage and coordinate the entire process and representation. We'll take care of filing, fees, witness reports, and more. You'll pay nothing unless we successfully lower your taxes! Enroll in the Property Tax Protection Program™ to get started.
Fort Bend County Appraisal District Property Tax Lawsuit Summary
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FBCAD 2021 lawsuits filed regarding ARB determinations
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Lawsuits
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# Lawsuits Filed on ARB Values
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558 |
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# Lawsuits Filed for Houses on ARB Values
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76 |
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# Lawsuits Filed for Multifamily / Apartments on ARB Values
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84 |
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# Lawsuits Filed for Commercial on ARB Values
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369 |
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# Lawsuits Filed for Industrial on ARB Values
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2 |
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# Lawsuits Filed for Utility on ARB Values
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1 |
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# Lawsuits Filed for Oil & Gas on ARB Values
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0 |
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FBCAD 2021 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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$7,171,750,377 |
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ARB Value of All Lawsuits Filed for Single-Family / Houses
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$260,478,760 |
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ARB Value of All Lawsuits Filed for Multifamily
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$2,464,975,521 |
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ARB Value of All Lawsuits Filed for Commercial
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$4,357,037,369 |
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ARB Value of All Lawsuits Filed for Industrial
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$18,209,280 |
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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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$70,241,107 |
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FBCAD 2021 Appraised value invoved in lawsuits that were resolved
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Appraised Value
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$ Value All Accounts Settled Current Year
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$5,136,426,863 |
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$ reduction All Accounts Settled Current Year
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$591,567,360 |
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% Reduction All Accounts Settled Current Year
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11.52% |
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$ Reduction Property Tax Lawsuits for Houses Current Year
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$4,257,450 |
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$ Reduction Property Tax Lawsuits for Multifamily Current Year
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$191,692,694 |
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$ Reduction Property Tax Lawsuits for Commercial Current Year
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$391,600,049 |
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$ Reduction Property Tax Lawsuits for Industrial Current Year
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$4,080 |
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$ 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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$4,013,087 |
