ElPaso County Property Tax Protest - Apartments
In El Paso County, 71% of apartment owners protested their taxes. Apartment owners watched total values increase from $283 M in 2014 to $2 B in 2021. El Paso Central Appraisal District details that $1 B out of $2 B in total market value for apartments was protested in 2021. Tax savings from informal and formal appeals for all property types totaled $32 M in 2021. Property owners saved another $21 M from judicial appeals.
Want to Appeal yet?
Apartment properties have seen an increase in value over 100% in the last five years, and owners have protested 71% of the total value. Residential property represents 13% of taxable value and only 25% of homeowners protest. Let O’Connor be your professional representation to lower your taxes. Never have to worry about flat fees, upfront costs, or market fees, and you will only pay if we win a reduction in your appeal. Sign up today with our Property Tax Protection Program™.
EPCAD Apartments Property Tax Summary
|Market ValueMultifamily / Apartments||$2,737,370,895.00|
|Number Multifamily / Apartment Property Tax Protests||2,507|
|$ Value Multifamily/Apartment Protested||$1,950,049,968.00|
|# Lawsuits Filed for Multifamily / Apartments on ARB Values||112.00|
|ARB Value of All Lawsuits Filed for Multifamily||$366,598,961|
|$ Reduction Property Tax Lawsuits for Multifamily Current Year||$741,052,202|