Travis County Property Tax Protest - Apartments
Travis Central Property Tax Protests for apartment owners included fully 100% of all Travis Central apartments by value, according to data provided by Travis Central Appraisal District. The total value of apartments in Travis Central rose from $13 billion in 2013 to $34 billion in 2020. Travis reported a total of $34 BB for multifamily market value and $46 BB protested in 2020. (Yes, they reported more protested that the total value.) Annual savings from property tax protest for Travis Central apartment owners are estimated to be ~$31 million, up from roughly ~$0 million in 2013. Travis Central property tax savings for all types of property were about ~$27 million in 2020, including both the informal and appraisal review board hearings (ARB).
Why Do 100% of Apartment Owners versus 31% of Homeowners Appeal?Apartment owners have seen the value of their properties increasing in the last five years. Virtually 100% over apartment owners protest but only 31% of homeowners protested in 2020. Houses account for 31% of the total value on the 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 60 to 80% of protests. Enroll, relax and save. We fight; You win.
TravisCAD Apartments Property Tax Summary
Market ValueMultifamily / Apartments | $34,365,611,109 |
Number Multifamily / Apartment Property Tax Protests | 7,261 |
$ Value Multifamily/Apartment Protested | $34,664,848,597 |
# Lawsuits Filed for Multifamily / Apartments on ARB Values | 446 |
ARB Value of All Lawsuits Filed for Multifamily | $21,907,428,711 |
$ Reduction Property Tax Lawsuits for Multifamily Current Year | $428,165,540 |