Parker County Appraisal District confirmed a large volume of property tax protests in 2019; the total was 27,510 versus 5,580 in 2018 and 8,280 in 2017. The total number of property tax parcels in Parker County was 119,700 in 2019. Homeowners accounted for most of the protests in 2019, as is typical ( 13,650 appeals by homeowners versus 1,058 commercial / industrial / other). The number of protests for houses fell 7,460 from the prior year while the volume of commercial appeals rose by 6,200. Parker County property owners submitted property tax protests for real property and business personal property with a total value of $4,533 billion. Most of the protests were resolved at the informal appeal level. The total value of property appealed in Parker County in the last two years rose by 76.95% versus 30.2% statewide. Parker County Appraisal District processed 2,720 informal hearings and the Parker County Appraisal Review Board (ARB) held 6000 hearings. Property owners who protested Parker County valuations won big. The volume of Parker County Appraisal Review Board hearings rose/fell from 6,000 in 2017 to 6,000 in 2019. Total savings for informal / formal were $65 million (for both single family and commercial / other, based on 2.7% tax rate and no exemptions. If you appeal, the odds are in your favor. In 2019, Parker County owners achieved tax reduction for 52.5% of informal hearings and 114% of appraisal review board hearings.

Parker County Appraisal District Property Tax Protest Summary

ParkerCAD Tax protests filed for 2019	Number of Protests
Total Number Property Tax Protests	13,654
Number Single Family Property Tax Protests	7,459
Number Multifamily / Apartment Property Tax Protests	299
Number Commercial Property Tax Protests	770
Number Business Personal Property Property Tax Protests	113
Number Industrial Real Property Property Tax Protests	24
Number Industrial Personal Property Property Tax Protests	154
Number Utility Property Tax Protests	859
Number Oil & Gas Property Tax Protests	1,013
Number Other Property Tax Protests	2,963

ParkerCAD Appraised Value for property tax protests 2019	Appraised Value
Total $ Value Protested	$4,533,828,552
$ Value Single Family (Homes, Condo, Townhome) Protested	$1,703,800,016
$ Value Multifamily/Apartment Protested	$243,661,797
$ Value Commercial Real and Personal Protested	$955,598,957
$ Value Industrial Real and Personal Protested	$193,334,370
$ Value Utilities Protested	$350,314,360
$ Value Oil & Gas Protested	$101,516,880
$ Value Other Protested	$985,602,172

ParkerCAD 2019 Number of Protest Hearings	No. of Hearings
Appraisal Review Board Protests Scheduled	13,646

ParkerCAD total number of concerns, inquiries or protests filed in 2019 resolved through informal processes	No. Informally Resolved
Informal Property Tax Protest Process	2,720
# of Houses Resolved at Informal Protest	2,327
Informal Property Tax Protest with Reduction	1,428

ParkerCAD Value reduction resolved though informal process in 2019	Value Reduction
$ Value of Houses Resolved at Informal Protest	249623210
$ Value of Other Accounts Resolved at Informal Protest	94

ParkerCAD 2019 protests that resulted in an ARB written determination	Written Determinations
# of Appraisal Review Board Property Tax ProtestHearings	6,434
# of Property Tax Protest Hearings for Houses (ARB)	4,519
# of Property Tax Protest Hearings for All Other Properties (ARB)	1,915
# Houses with Reduction at ARB Protest Hearing	5,172

ParkerCAD 2019 protests that resulted in an ARB written determination	$ Reduction
$ Reduction All Properties at ARB Protest Hearing	$2,104,534,806
$ Reduction Houses at ARB Protest Hearing	$1,095,354,069
$ Reduction All Other Properties at ARB Protest Hearing	$1,009,180,737

# of Binding Arbitration Cases Filed

37