Grayson County Property Tax Protest - Apartments
Grayson County apartment owners filed property tax protests for 79% of all Grayson County apartments by value. The total value of apartments in Grayson County fell from $204 million in 2014 to $483 million in 2021. Grayson CAD reported a total of $483 MM for multifamily market value and $380 BB protested in 2021. Grayson County property tax savings for all types of property were about $4 million in 2021, including both the informal and appraisal review board hearings (ARB). However, this does not include judicial appeals. Grayson County property owners saved another $371,991 from judicial appeals.
Why Do 79% Apartment Owners versus 7% Home Owners Appeal?Apartment owners have seen the value of their properties decreased by 137% in the last five years. Apartments owner protest 79% of apartment value. Houses are 7% of 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 50 to 70% of protests.
GraysonCAD Apartments Property Tax Summary
Market ValueMultifamily / Apartments | $483,478,652 |
Number Multifamily / Apartment Property Tax Protests | 387 |
$ Value Multifamily/Apartment Protested | $380,312,648 |
# Lawsuits Filed for Multifamily / Apartments on ARB Values | 1 |
ARB Value of All Lawsuits Filed for Multifamily | $0 |
$ Reduction Property Tax Lawsuits for Multifamily Current Year | $0 |