Webb County Property Tax Protest - Apartments

In 2021, Webb County Appraisal District apartment complexes submitted property tax protests for 73% of all apartments by value. From 2014 into 2021 the total value of apartments increased from $32 M to $645 M. A total market value of $645 M, with 73% of property tax protests filed by multifamily units. The overall sum of $472 M was protested, resulting in tax savings of $25 M, including informal and appraisal board hearings, and judicial appeals totaling $601,527. The total savings from all types of property taxes in 2021 were about $25 M, including informal and appraisal review board hearings. A further $601,527 was saved by Webb County property owners from judicial appeals.

Do Apartment Owners Appeal More Than Homeowners?

Multi-unit complexes noticed the cost of their properties rise by 100% in the last five years. Complexes protested 73% of the value, residential homes were 6% of tax roll and only a quarter protest. If you're looking for top tax experts to assist with your appeal, O'Connor is the right place for you. Contact us today to learn more about our Property Protection Program™!