Save More with O’Connor on Your Bexar County Property Tax

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BexarAppraisalDistrict

LocalAppraisalDistrict

BexarAppraisalDistrict’sformalandinformalhearingresultsaredisplayedbelow

TheoverallpropertytaxsavingsforaccountsintheBexarAppraisalDistrictin2022($208million)hasdoubledincomparisontothetotalsavingsof$108 millionin2021.PropertyownersinBexarCountyprotested179,500accountstaxablevaluein2022.

93%ofinformaland89%ofAppraisalReviewBoard(ARB)propertytaxprotestsinBexarCountyweresuccessful.

 Homeownerssaved$68millionatBexarAppraisalDistrict(CAD)ininformalprotestsand$15millioninARBpropertytaxprotests.

In2020,about18%ofBexarCountypropertyparcelswereprotestedandthisnumbersuccessfullyincreasedto24%in2022.

Fortaxsavingsfrominformalhearings,totalprotestswereatalowof73million2021andrapidlyincreasedtoahighof117millionin2022.

O’ConnorservesmoreTexaspropertyownersthananyothertaxconsultantbecause:

O’Connorsaggressiveapproachiswellalignedwiththepropertyowners’interest.Wepaythefeesandcostsregardlessofthelevelofappeal.Many competitorsrequirethepropertyownertopaythebindingarbitrationdepositorcostsrelatedtojudicialappealsuchaslegalfees,expertwitnessfeesand courtcosts.Wewillnotaskyoutopayanyofthecostsorfeesrelatedtoyourpropertytaxprotest.

BasedonconductingmillionsoftaxappealsthroughoutTexas,wehavedevelopedanin-depthunderstandingofwhatisneededtoreduceyourpropertytaxes.

YoubenefitfromthemillionsofTexaspropertytaxappealscompletedbyO’Connor,usingcomparablesalesdataandunequalappraisaldatauniquely processedbyourproprietarysoftware.Thehearingevidencefileoftentotals50to100pages.

 PropertyTaxesvsCPI CADOperationsStats AboutCAD Graphs

Duetoourexpertise,wehavebeenabletogathersalesandunevenappraisaldatainawaythatcomplieswiththerequirementssetoutbytheBexarCounty AppraisalReviewBoard(ARB)andtheBexarCountyAppraisalDistrict.

DisclaimerO’Connorisapropertytaxconsultantandisnotaffiliatedwithanyappraisaldistrict.DataforgraphsprovidedbyTexascomptroller

TAXSAVINGSFROMINFORMALHEARINGS

August2023

In2021,theBexarAppraisalDistrictinformalandformalhearingstotaltaxsavingstopropertyownerswasanestimated$99.9million.Thiswasachievedthrough estimatedreductionsinpropertytaxof$67.8millionatinformalhearingsand$32millionatAppraisalReviewBoard(formal)hearings.

July2023

In2021,AppraisalReviewBoardhearingsinBexarCountygeneratednear$32millionpropertytaxsavings,basedontotaltaxassessmentreductionsof$1.2 billion.

June2023

PropertyownersinBexarCountysawataxsavingsofabout$67.8millionbasedonthe2021informalhearingsettlementsreductionofassessedvaluesby$2.7 billion.

May2023

TheBexarAppraisalDistrictinformallyresolved90%oftheaccountsprotestedin2021byawardingareductioninvalue.Thatistosay,93,224outof103,815 protestsreceivedalowervaluethroughinformalprocess.

April2023

In2021,136,648protestswerefiledforBexarCountyproperties.Thisis43%,or$95billionofthetotalappraisedmarketvaluenoticedfor2021,accordingtothe StateComptroller’soffice.

March2023

Housesare56%ofthetotalproper marketvalueinBexarAppraisalDistrictin2021.Thetotalmarketvalueofallpropertycategoriesis$223billionandthe marketvalueofhomesisequalto$125billion.

February2023

721,063taxparcelsarelistedasthetotalnumberofpropertiesintheBexarAppraisalDistrictfor2021.Thetotalbudgetfortheappraisaldistrictinthesameyear was$18.8million,bringingthespendpertaxparceltoaround$26.

January2023

PropertytaxesforrealandpersonalpropertyinBexarCountytotalabout$5.5billionannuallybasedontaxassessmentsbyBexarCAD BexarAppraisalDistrict valuesutilities,industrial,commercial,land,multifamily,personalpropertyandhousesannuallyBexarCAD’sestimateofvaluefor2021was$223billion.

Propertyownersseekingtoenrollinthe

2025Protest:AppliestothemajorityofTexaspropertyownerswhose2024valuenoticefromthe countyisdatedmorethan30daysagoandthedateispastMay15,2024.

2024Protest:AppliestoselectTexaspropertyownerswherethe2024valuenoticeisdatedLESSthan 30daysago.

PropertyTaxLocations

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