Travis County Property Tax Protest - Apartments

For 99 percent of all apartments in Travis Central Appraisal District , according to valuation, property tax protests were filed by apartment owners. Travis County's apartment market had an increase in value from $2 million in 2014 to $47 billion in 2022. The market value of multifamily properties in Travis Central Appraisal District (CAD) was stated to be $47 billion, although in 2022, $47 billion was protested. In 2022, Travis County savings on property taxes were $408 million, which included both informal and Appraisal Review Board (ARB) hearings. Judicial appeals are not included in this, however. Property owners in Travis County avoided paying an additional $82 million in court appeals.

Why Do 99% Apartment Owners versus 49% Homeowners Appeal?

Over the last five years, apartment owners have experienced a 1% growth in the value of their buildings. Owners of apartments protest 99% of their worth. Of all the tax rolls, houses make up 49%, however just 25% of all protests. Even the odds with O'Connor's expert counsel. Unless your property taxes are lowered that year, there are never any fees. Join the Property Tax Protection Program™, and in around 70–80% of cases, we will analyze, dispute, and lower the appraisal district's original value.

TravisCAD Apartments Property Tax Summary

Market ValueMultifamily / Apartments	$47,883,203,741
Number Multifamily / Apartment Property Tax Protests	8,844
$ Value Multifamily/Apartment Protested	$47,981,414,550
# Lawsuits Filed for Multifamily / Apartments on ARB Values	501
ARB Value of All Lawsuits Filed for Multifamily	$30,721,287,903
$ Reduction Property Tax Lawsuits for Multifamily Current Year	$971,455,707