Loving County Appraisal District 2020 Apartments Property Tax Protest Summary
Loving County Appraisal District property tax protests totaled 2,127 in 2020, a 60.15% increase from 2019. The volume of property tax protests in Loving County has been increasing during the last 3 years. Loving County protests included 0 houses, and 543 commercial, industrial and other. Loving County protests for houses are rising more quickly than appeals for commercial/other. The value protested a total of $4.6 billion, including $0 for residential. The total value of property appealed in Loving County in the last two years rose by 196% versus 30.2% statewide. There were 340 informal hearings and 2 appraisal review board (ARB) hearings. Property tax savings from the informal and appraisal review board hearings total $0.0157 billion (estimate based on 2.7% tax rate and no exemptions). Loving County property owners who protested and attended the informal hearing were successful in 59.16% of appeals in 2020, but only about 59.16% protest. Is it a mystery why more don’t appeal given the probability of success.
LovingCAD Apartments Property Tax Summary
Market ValueMultifamily / Apartments | $0 |
Number Multifamily / Apartment Property Tax Protests | 0 |
$ Value Multifamily/Apartment Protested | 0 |
# Lawsuits Filed for Multifamily / Apartments on ARB Values | 0 |
ARB Value of All Lawsuits Filed for Multifamily | 0 |
$ Reduction Property Tax Lawsuits for Multifamily Current Year | 0 |