Grayson County property owners filed 8,311 protests in 2019. This is a 44.78% increase over 2018 and a 41% increase over 2017. The portion of Grayson County accounts protested increased from 5.53% to 7.82% in 2017 to 2019. Owners filed protests for: 1) houses (3,271) and 2) commercial / other (5,040). Grayson County protests for houses are rising more quickly than appeals for commercial / other. Single family owners filed appeals for $568,228,811 of houses and commercial owners filed appeals for $1,137,361,783. The value of Grayson County houses protested in 2019 rose from $428,100,000 last year to $570,000,000 this year. Grayson County Appraisal District conducted 5,171 informal protests and Grayson County Appraisal Review Board held 1,149 ARB hearings. Grayson County protests settled informally rose from 2,460 in 2017 to 5,170 in 2019. Grayson County property owners achieved property tax savings totaling $300,053,658 (based on 2.7% tax rate and no exemptions) for informal and formal (ARB) hearings.

Grayson County Appraisal District Property Tax Protest Summary

GraysonCAD Tax protests filed for 2019	Number of Protests
Total Number Property Tax Protests	8,311
Number Single Family Property Tax Protests	3,271
Number Multifamily / Apartment Property Tax Protests	235
Number Commercial Property Tax Protests	1,032
Number Business Personal Property Property Tax Protests	381
Number Industrial Real Property Property Tax Protests	43
Number Industrial Personal Property Property Tax Protests	201
Number Utility Property Tax Protests	225
Number Oil & Gas Property Tax Protests	724
Number Other Property Tax Protests	2,199

GraysonCAD Appraised Value for property tax protests 2019	Appraised Value
Total $ Value Protested	$2,745,435,645
$ Value Single Family (Homes, Condo, Townhome) Protested	$568,228,811
$ Value Multifamily/Apartment Protested	$252,508,153
$ Value Commercial Real and Personal Protested	$1,137,361,783
$ Value Industrial Real and Personal Protested	$468,927,939
$ Value Utilities Protested	$8,121,448
$ Value Oil & Gas Protested	$99,967,830
$ Value Other Protested	$210,319,681

GraysonCAD 2019 Number of Protest Hearings	No. of Hearings
Appraisal Review Board Protests Scheduled	6,549

GraysonCAD total number of concerns, inquiries or protests filed in 2019 resolved through informal processes	No. Informally Resolved
Informal Property Tax Protest Process	5,171
# of Houses Resolved at Informal Protest	2,211
Informal Property Tax Protest with Reduction	3,562

GraysonCAD Value reduction resolved though informal process in 2019	Value Reduction
$ Value of Houses Resolved at Informal Protest	39654951
$ Value of Other Accounts Resolved at Informal Protest	1,814

GraysonCAD 2019 protests that resulted in an ARB written determination	Written Determinations
# of Appraisal Review Board Property Tax ProtestHearings	1,149
# of Property Tax Protest Hearings for Houses (ARB)	640
# of Property Tax Protest Hearings for All Other Properties (ARB)	509
# Houses with Reduction at ARB Protest Hearing	413

GraysonCAD 2019 protests that resulted in an ARB written determination	$ Reduction
$ Reduction All Properties at ARB Protest Hearing	$22,151,680
$ Reduction Houses at ARB Protest Hearing	$9,267,136
$ Reduction All Other Properties at ARB Protest Hearing	$12,884,544

# of Binding Arbitration Cases Filed

14