Tarrant County Appraisal District 2021 Industrial Personal Property Tax Protest Summary
Industrial property makes up about 2% of the property tax base in Tarrant County. Industrial property is made up of things like refineries, chemical processing plants, and manufacturing and fabricating facilities. In 2021, property owners of these industries protested 61% of the total value. That means they protested $4.33 B out of $7.07 B of their property value in 2021. The frequency of their protests that are elevated to judicial appeals is very low, at around 1%. 55% of apartments and 9% of commercial properties take it to the judicial level. Only 0.4% of homes went to judicial.
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Tarrant County Appraisal District Industrial Property Tax Summary
Market Value Industrial Real Property | $2,055,287,941 |
Market Value Industrial Personal Property | $5,018,426,251 |
Number Industrial Real Property Property Tax Protests | 633 |
Number Industrial Personal Property Property Tax Protests | 146 |
$ Value Industrial Real and Personal Protested | $4,339,262,267 |
# Lawsuits Filed for Industrial on ARB Values | 17 |
ARB Value of All Lawsuits Filed for Industrial | $52,691,136 |
$ Reduction Property Tax Lawsuits for Industrial Current Year | $14,707,046 |