McLennan County Property Taxes – Lawsuits - 2021
Appeals (lawsuits in state district court) reduced McLennan County property taxes by over $166 M in 2021. The number of property tax lawsuits resolved in McLennan County increased from 20 in 2014 to 70 in 2021. In 7 years, the total value of lawsuit settlement accounts rose from $0 B to $2.2 B. A reduction of $6.17 B in tax assessments was achieved through judicial appeals in 2021, including $41 M in commercial assessments, $25 M in apartment assessments, and no residential assessments.
Do You Think a Judicial Appeal Would Be Beneficial to You?
It may be worthwhile for you to continue your property tax appeal to the highest levels possible depending on the value of your property. During a judicial appeal coordinated by O’Connor, you are not charged anything unless your property taxes are reduced below the appraisal review board's assessment level. O'Connor assists with legal counsel, expert witness reports, and filing fees. If you enroll in the Property Tax Protection Program, O'Connor will appeal your account at the highest level possible every year as long as you are eligible. We will arrange binding arbitration or judicial appeals for properties that meet certain criteria and are eligible for O'Connor's Property Tax Protection Program™.
McLennan County Appraisal District Property Tax Lawsuit Summary
| McLennanCAD 2021 lawsuits filed regarding ARB determinations | Lawsuits |
|---|---|
| # Lawsuits Filed on ARB Values | 70 |
| # Lawsuits Filed for Houses on ARB Values | 3 |
| # Lawsuits Filed for Multifamily / Apartments on ARB Values | 26 |
| # Lawsuits Filed for Commercial on ARB Values | 40 |
| # Lawsuits Filed for Industrial on ARB Values | 0 |
| # Lawsuits Filed for Utility on ARB Values | 0 |
| # Lawsuits Filed for Oil & Gas on ARB Values | 0 |
| McLennanCAD 2021 property value involved in Lawsuits as determined by the ARB | certified property value |
|---|---|
| ARB Value of All Lawsuits Filed | $790,926,887 |
| ARB Value of All Lawsuits Filed for Single-Family / Houses | $2,398,600 |
| ARB Value of All Lawsuits Filed for Multifamily | $503,131,499 |
| ARB Value of All Lawsuits Filed for Commercial | $284,382,588 |
| ARB Value of All Lawsuits Filed for Industrial | $0 |
| ARB Value of All Lawsuits Filed for Oil & Gas | $0 |
| ARB Value of All Lawsuits Filed for All Other Types | $1,014,200 |
| McLennanCAD 2021 Appraised value invoved in lawsuits that were resolved | Appraised Value |
|---|---|
| $ Value All Accounts Settled Current Year | $2,202,158,128 |
| $ reduction All Accounts Settled Current Year | $617,561,212 |
| % Reduction All Accounts Settled Current Year | 28% |
| $ Reduction Property Tax Lawsuits for Houses Current Year | $0 |
| $ Reduction Property Tax Lawsuits for Multifamily Current Year | $25,796,767 |
| $ Reduction Property Tax Lawsuits for Commercial Current Year | $41,253,736 |
| $ Reduction Property Tax Lawsuits for Industrial Current Year | $529,000,000 |
| $ 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 | $21,510,709 |