Two tax years, two protests, two sets of litigation. $13.43 million off the value and $309,691 in tax savings — most of it earned after the board's order, not at it.
notice to final, combined
across two tax years
protest through litigation
The Situation
A multi-family rental entity was carrying an assessment built on assumptions the property could not support. The district’s model saw a stabilized asset in a decent submarket. The operating reality was different: elevated crime, collection problems, deferred maintenance and a management burden that any buyer would have priced into an offer.
What We Found
The gap was not a matter of opinion. Rent rolls, trailing financials and bad-debt detail showed what the property actually collected, and an independent appraisal concluded an as-is market value of roughly $19.5 million for 2024 — well below the district’s noticed figure of $26.1 million.
The Solution
We protested both tax years, obtained Appraisal Review Board orders that preserved the appeal rather than settling and waiving it, and litigated each year to an agreed judgment.
Need Assistance?
Results
Combined notice-to-final value reduction of $13.43 million and total tax savings of $309,691 across the two years. Roughly two-thirds of that came after the ARB order — the stage at which many owners stop.
Why It Mattered for the Owners
The refund is only the piece between the board order and the judgment. The owner’s real result runs from the noticed value to the final value, and measuring only the refund understates what continuing past the hearing is worth.
Results vary based on many variables. Past results do not guarantee a similar outcome; every matter is decided on its own facts.