ENROLL NOW Property Tax Protection Program™
Tarrant County Appraisal District 2022 Industrial Personal Property Tax Protest Summary
Two percent of Tarrant County's total property tax base is made up of property taxes on industrial property. Manufacturing, chemical processing, and refineries are all considered industrial. In 2022, owners of industrial property in Tarrant County protested 65% of the property's total value. Industrial property protested totaled $4 billion out of $7 billion in 2022. The percentage of accounts that have been protested is more than typical, yet just 1% of industrial property has had a court appeal. By comparison, the value of 74% of multifamily and 13% of commercial business property filed judicial appeals. Owners of houses only filed judicial appeals for 0.4% of the value of all houses.
Owners of industrial and chemical facilities may afford to hire knowledgeable counsel to protest the Tarrant County Appraisal District's (CAD) valuation. Every year, O'Connor files tax protests on behalf of the owners of 250,000 properties. Unless we lower your property taxes that year, there is no upfront cost, no flat charge, and no fee. Enroll in the Property Tax Protection Program™ right now, and we'll protect your interests so you don't miss any deadline for filing a property tax protest.
Tarrant County Appraisal District Industrial Property Tax Summary
Market Value Industrial Real Property | $2,064,514,287 |
Market Value Industrial Personal Property | $5,177,444,469 |
Number Industrial Real Property Property Tax Protests | 657 |
Number Industrial Personal Property Property Tax Protests | 140 |
$ Value Industrial Real and Personal Protested | $4,745,051,534 |
# Lawsuits Filed for Industrial on ARB Values | 8 |
ARB Value of All Lawsuits Filed for Industrial | $93,489,770 |
$ Reduction Property Tax Lawsuits for Industrial Current Year | $856,436 |