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Travis County Appraisal District 2022 Industrial Personal Property Tax Protest Summary
Three percent of Travis County's total property tax base is made up of property taxes on industrial property. Refineries, chemical manufacture and processing, and fabrication are all considered industrial. In 2022, owners of industrial property in Travis County protested to 6% of the property's total value. Out of $12 billion in industrial property, $767 million was disputed in 2022. The percentage of accounts that have been protested is more than usual, yet just 1% of industrial property has had a court appeal. Comparatively, 43% of commercial and Business Personal Property (BPP) and 64% of multifamily properties filed court appeals. Only 1% of the total value of all residences was submitted in legal appeals by homeowners.
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Owners of industrial and chemical facilities may easily afford to hire knowledgeable counsel to protest the Travis Central Appraisal District (CAD) valuation. Every year, O'Connor files tax disputes on behalf of the owners of around 250,000 properties. Join O'Connor now to ensure you don't miss another deadline for property tax protests. We will protect your interests if you sign up for the Property Tax Protection Program™ now.
Travis County Appraisal District Industrial Property Tax Summary
Market Value Industrial Real Property | $7,327,755,475 |
Market Value Industrial Personal Property | $5,458,480,423 |
Number Industrial Real Property Property Tax Protests | 21 |
Number Industrial Personal Property Property Tax Protests | 616 |
$ Value Industrial Real and Personal Protested | $767,583,494 |
# Lawsuits Filed for Industrial on ARB Values | 2 |
ARB Value of All Lawsuits Filed for Industrial | $67,349,479 |
$ Reduction Property Tax Lawsuits for Industrial Current Year | $4,024,600 |