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Easy Steps to Reduce Your Fort Bend County Property Taxes

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Fort Bend Central Appraisal District’s (CAD) formal and informal hearing results are displayed below:  The Fort Bend CAD total tax savings in 2022 of $134 million is more than the 2021 total property tax savings of $120 million. Property owners in Fort Bend County protested 112,560 accounts’ taxable value in 2022.  In Fort Bend County, 57% of property tax protests were filed with the Appraisal Review Board (ARB) and 86% of informal protests were successful. Through informal demonstrations, homeowners in Fort Bend CAD saved $19 million, and through ARB property tax protests, they saved $10 million.  Fort Bend Central property in 2019 was 19% of parcels protested and grew exponentially in 2022 to 32%.  In Fort Bend Central, for Formal Protests Resulting in a Reduction, commercial and other protests increased from 40% in 2020 to 72% in 2022. More property owners choose O’Connor than any other tax consultant in Texas because:  We believe O’Connor is more aggressive in effecting property tax reduction at each level of appeal. All appeal options are utilized including informal, ARB hearing, binding arbitration, SOAH and coordinating judicial appeals.  Relationships with appraisal district staff help us to understand what is necessary to reduce your property taxes.  O’Connor has more experience in Texas property tax protests and utilizes relevant data tailored to the appraisal district’s understanding of adjusting sales.  O’Connor has the experience and expertise necessary to assemble uneven appraisal data and sales to satisfy the guidelines set by the Fort Bend County ARB and Fort Bend County Appraisal District.

Graphs

Property Taxes vs CPI

CAD Operations Stats

About CAD

Disclaimer: O’Connor is a property tax consultant and is not affiliated with any appraisal district. Data for graphs provided by Texas comptroller.

PERCENT OF INFORMAL HEARINGS RESULTING IN A REDUCTION

PERCENT OF FORMAL PROTESTS RESULTING IN A REDUCTION

PERCENT OF PARCELS PROTESTED IN FORTBEND COUNTY

TAX SAVINGS FROM INFORMAL HEARINGS

TAX SAVINGS FROM FORMAL PROTESTS

TOTAL PROTESTS IN FORTBEND COUNTY

Average Property Tax Savings from Protesting (Informal + Formal) Residential Property

Commercial Property

$644

$5,174

August 2023 An estimated $111 million dollars in tax savings was generated based on property value reductions at both informal and formal hearing in Fort Bend County in 2021. Of this total, $30.7 million in estimated tax savings can be attributed to informal hearings and $80.5 million in estimated tax savings resulted from ARB hearings.

July 2023 Fort Bend County property owners benefited from an estimated $80.5 million in tax savings when county Appraisal Review Board hearings resulted in reductions in property value of $3.2 billion.

June 2023 In Fort Bend County, $30.7 million in property tax savings was generated when the Fort Bend Central Appraisal District reduced assessed values by $1.2 billion at informal hearings in 2021, according to the Texas Comptroller.

May 2023 The Fort Bend Central Appraisal District resolved 88%, or 48,959 accounts with a lower value without advancing to the ARB in 2021.

April 2023 Fort Bend County property tax protests were filed for 43% of the total market value noticed, which comes to $47 billion for 84,679 Fort Bend County properties.

March 2023


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