CollinCentralAppraisalDistrict’s LocalAppraisalDistrict
PropertyTaxProtectionProgram EnrollNow
Freeonlineenrollmentin3minutes. Nocostunlesstaxesreduced,guaranteed.
CollinCentralAppraisalDistrict(CAD)commercialandresidentialpropertyownershaveclaimedpropertytaxsavingsfromformalandinformalhearings.The resultsofthesearedisplayedbelow:
In2022,CollinCountyownersachievedtotaltaxsavingsin2022of$226million,whichexceedsthe2021totalpropertytaxsavingsof$137million.
Theappraisalvalueof99,550CollinCountyaccountswerecontestedbythepropertyownersin2022.
56%ofinformaland51%ofAppraisalReviewBoard(ARB)propertytaxprotestsinCollinCountyweresuccessful.Theinformalstepintheappealprocess resultedin$9millioninpropertytaxsavingsforaccountsvaluedbyCollinCAD Anadditional$11millionsavingsforpropertyownerswasaccomplishedin ARBprotests
In2014,lessthan11%ofCollinCountypropertyparcelswereprotested.By2022,greaternumbersofaccountsbegantoleveragethebenefitoftheappeal process,with23%ofpropertyownersfilingforreduction.
In2021,CollinCountyaccountsfoundtaxsavingsfrominformalhearingsworth$50million.Thisamountstayedconsistentin2022with$48millionin savingsfrominformalappeals.
PropertyownersselectO’Connortorepresenttheminpropertytaxprotestsmoreoftenthananyotherfirmbecause:
O’Connors aggressive approach is well aligned with the property owners’ interest. We pay the fees and costs regardless of the level of appeal. Many competitorsrequirethepropertyownertopaythebindingarbitrationdepositorcostsrelatedtojudicialappealsuchaslegalfees,expertwitnessfeesand courtcosts.Wewillnotaskyoutopayanyofthecostsorfeesrelatedtoyourpropertytaxprotest.
O’Connorhasbuiltrelationshipswithappraisaldistrictstaffduringthelast30yearswhileconductingliterallymillionsofpropertytaxappeals.
O’Connordevelopsanextensivefileforeachpropertytaxprotest,often50to100pagesofevidenceregardingbothmarketvalueandunequalappraisal.Our proprietarysoftwaretailorstheevidencetoaformattheappraisaldistrictprefers.
OurexperiencehasallowedustocompilesalesandunequalappraisaldataconsistentwiththeformatexpectedbytheCollinCADandtheCollinCountyARB.
DisclaimerO’Connorisapropertytaxconsultantandisnotaffiliatedwithanyappraisaldistrict.DataforgraphsprovidedbyTexascomptroller
August2023
In2021,CollinCentralAppraisalDistrictgrantedanestimated$47millioninpropertytaxsavingsatinformalhearingsand$80.4millioninpropertytaxsavingsat ARBorformalhearings.Theseproteststotaledcloseto$127milliontotaltaxsavingsforCollinCountypropertyowners.
July2023
TheCollinCentralAppraisalDistrictprotestsatARBhearingsresultedinvaluereductionsworth$3.2billion,translatingtopropertytaxsavingsofnear$80.4 million.
June2023
In2021,CollinCentralAppraisalDistrictinformalhearingsloweredthe2021assessedvaluesby$1.8billion.CollinCountypropertyownersrealizeanestimated $46.9millionsavingsinpropertytaxesasaresult.
May2023
TheCollinCentralAppraisalDistrictsettled40,211accountsthroughtheinformalprocessin2021.67%or26,918oftheseaccountssawaresultwithalower value.
April2023
TheCollinCentralAppraisalDistrictdocuments56%ofthetotalmarketvalue,equaling$112billionwasprotestedwiththeAppraisalReviewBoardin2021. Protestsfiledby78,825propertyownersaccountforthesenumbers.
March2023
Themarketvalueofsingle-familyhomesis$108billionor54%ofthetotalmarketvalueforallpropertycategoriesinCollinCentralAppraisalDistrictin2021.The totalmarketvalueofCollinCentralAppraisalDistrictpropertytypesis$201billion.
February2023
TheCollinCentralAppraisalDistrictpropertytaxparcelsincludesingle-familyresidentialpropertymulti-familyresidentialproperty,commercialpropertyutilities, andindustrialpropertyaswellasotherpropertytypesforatotalof402,482taxparcels.Atatotalbudgetin2021of$23million,anaverageof$58wasspenton theappraisalofeachtaxparcel.
January2023
CollinCentralAppraisalDistrictestimatesthevalueofland,houses,commercial,multifamily industrial,utilitiesandpersonalpropertyat$201billionfor2021. CollinCountypropertytaxestotal$5billionannuallybasedonthesepropertytaxassessmentsbyCollinCAD
2025Protest:AppliestothemajorityofTexaspropertyownerswhose2024valuenoticefromthe countyisdatedmorethan30daysagoandthedateispastMay15,2024.
2024Protest:AppliestoselectTexaspropertyownerswherethe2024valuenoticeisdatedLESSthan 30daysago.
