Rockwall County Property Tax Protest - Apartments
Rockwall County apartment owners filed property tax protests for 100% of all Rockwall County apartments by value. The total value of apartments in Rockwall County rose from $2 million in 2014 to $159 million in 2021. Rockwall CAD reported a total of $159 MM for multifamily market value and $171 MM protested in 2021. Rockwall County property tax savings for all types of property were about $3 million in 2021, including both the informal and appraisal review board hearings (ARB). However, this does not include judicial appeals. Rockwall County property owners saved another $617,896 from judicial appeals.
Why Do 100% Apartment Owners versus 16% Home Owners Appeal?Apartment owners have seen the value of their properties decreased by 100% in the last five years. Apartments owner protest 100% of apartment value. Houses are 16% 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 55 to 75% of protests.
RockwallCAD Apartments Property Tax Summary
Market ValueMultifamily / Apartments | $159,058,288 |
Number Multifamily / Apartment Property Tax Protests | 12 |
$ Value Multifamily/Apartment Protested | $171,424,670 |
# Lawsuits Filed for Multifamily / Apartments on ARB Values | 1 |
ARB Value of All Lawsuits Filed for Multifamily | $41,275,000 |
$ Reduction Property Tax Lawsuits for Multifamily Current Year | $500,000 |