Tarrant County Property Tax Protest - Apartments
Did you know that apartment owners filed protests for 99% of all apartments in Tarrant County by value? The total value of apartments in the county increased massively between 2014 and 2021, from $333 M to $25 B. That means that $24 B of the value of apartments were protested in 2021. Tax savings across every type of property totaled $277 M in 2021, between informal settlements and appraisal review board hearings. When you add judicial appeals, you can tack on another $85 M in savings.
Why Do Only 23% of Homeowners Appeal? Apartment owners saw a property value increase of 7425% since 2014. Why, then, do only 23% of homeowners appeal their taxes? If you enroll in the Property Tax Protection Program™, then O'Connor can help you appeal your taxes, just like apartment property owners. You'll never have to pay flat fees, upfront costs, or market cut fees. In fact, you won't have to pay at all unless we successfully lower your taxes. Up to 90% of protests are successful; enroll today.
TAD Apartments Property Tax Summary
Market ValueMultifamily / Apartments | $25,063,433,382 |
Number Multifamily / Apartment Property Tax Protests | 4,290 |
$ Value Multifamily/Apartment Protested | $24,730,071,862 |
# Lawsuits Filed for Multifamily / Apartments on ARB Values | 529 |
ARB Value of All Lawsuits Filed for Multifamily | $13,781,552,016 |
$ Reduction Property Tax Lawsuits for Multifamily Current Year | $1,330,705,390 |