DallasCAD 2020 Industrial Personal Property Tax Protest Summary
Dallas County Property Taxes protests for industrial real and personal property account for 848. Industrial real property includes refineries, chemical processing, and manufacturing / fabricating. Owners of Dallas County industrial property protest 75% of the total value annually. Industrial property protested totaled $6 billion out of $9 billion in 2020. Lawsuits filed for Industrial on ARB values for 2020 in Dallas County total 21. By comparison, the value of 38% of multifamily and 47% of commercial / BPP filed judicial appeals. Owners of houses only filed judicial appeals for 0.5% of the value of all houses.Who is Protecting Your Interests?
Owners of chemical and manufacturing plants can afford skilled property tax consultants to appeal the initial value set by Dallas Central Appraisal District (HCAD). Did you know you can afford skilled property tax consultants to represent you? O'Connor represents the owners of about 250,000 properties in tax protests annually. We represent the owners of about 225,000 houses and 25,000 commercial properties. We annually handle property tax appeals in about 200 Texas counties and 45 states besides Texas.Can You Afford Not be Represented, Absorbing Tax Increases without any Appeal?
There is no flat fee and no upfront cost with O’Connor. There is no fee ever unless we reduce your property taxes that year. Don't miss another property tax protest deadline. Enroll today in Property Tax Protection Program™ and we represent your interests. Free enrollment today.
The number of industrial accounts protested in Dallas County rose from 402 to 409 in the 7 years ending 2020. Only 29% of homeowners appeal but about 72% of commercial property owners appeal, based on 2020 value. Not protesting is akin to volunteering for a property tax increase based the Dallas Central Appraisal District annual initial guesstimate. There is a reason ~75% of commercial / industrial /utility/multifamily protest in Dallas County each year.
DallasCAD Industrial Property Tax Summary
|Market Value Industrial Real Property||$1,628,887,990|
|Market Value Industrial Personal Property||$8,058,135,830|
|Number Industrial Real Property Property Tax Protests||402|
|Number Industrial Personal Property Property Tax Protests||446|
|$ Value Industrial Real and Personal Protested||$6,012,820,211|
|# Lawsuits Filed for Industrial on ARB Values||21|
|ARB Value of All Lawsuits Filed for Industrial||$500,985,200|
|$ Reduction Property Tax Lawsuits for Industrial Current Year||$86,783,530|