TravisCAD 2021 Industrial Personal Property Tax Protest Summary
Did you know that industrial property in Travis County accounts for 2% of the total property tax base? Industrial property includes refinery plants, chemical processing, and manufacturing and fabrication facilities. Property owners of industrial facilities protested 100% of their taxes in 2021. They protested $6 B of their taxes. The percentage of industrial protests that get elevated to the courts is low, at 17%. For comparison, 58% of apartments and 45% of commercial properties by value were elevated to the courts. Homeowners filed for judicial appeals for only 1.6% of home values.
Will You Protest?Industrial owners can easily afford representation to appeal their property taxes. You can do the same with O'Connor's Property Tax Protection Program™. We represent the owners of 250,000 properties, and you'll never have to pay an upfront cost or flat fee. You'll only have to pay if we succeed in lowering your taxes.
TravisCAD Industrial Property Tax Summary
| Market Value Industrial Real Property | $919,807,303 |
| Market Value Industrial Personal Property | $4,145,691,436 |
| Number Industrial Real Property Property Tax Protests | 2,940 |
| Number Industrial Personal Property Property Tax Protests | 294 |
| $ Value Industrial Real and Personal Protested | $6,549,264,368 |
| # Lawsuits Filed for Industrial on ARB Values | 52 |
| ARB Value of All Lawsuits Filed for Industrial | $860,552,443 |
| $ Reduction Property Tax Lawsuits for Industrial Current Year | $687,587,931 |