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Grayson Property Tax Protest ARB Tax Savings over $625 MM in 2021

Grayson Central Appraisal District property tax protests not settled informally are heard by the county appraisal review board. Grayson owners saved a total of $4 million in 2021 in tax protests, including savings $40 million in protests settled informally and $625 million in ARB protests. In a typical year, about 0% of protests are successful. The only way to lose is to not file a protest. They can't raise your value due to a protest; it can only be reduced. Claim your fair share of property tax savings by enrolling in the Property Tax Protection Program (TM). No flat fees. Pay only if you save that year. No upfront costs. Simple 3 step program: 1) enroll, 2) relax and 3) save.

Protests with Written ARB DeterminationSource: Texas Comptroller, compiled by O’Connor, and not affiliated with any appraisal district.

Thousands
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Total protests 0.371 0.791 0.957 0.568 0.692 1.149 1.095 0.832 3.647 5.501 6.038
Protests single family residential 0.184 0.380 0.663 0.291 0.361 0.640 0.532 0.457 1.828 3.715 2.859
Protests with all other 0.187 0.411 0.294 0.277 0.331 0.509 0.563 0.375 1.819 1.786 3.179

Texas property owners should protest annually since Hearing results depend on the appraiser assigned or the ARB; results vary widely. You do not know the appraiser or ARB panel prior to appealing.

Grayson County Protests with Written ARB Determination

Grayson County property owners have the right to appeal their property taxes to the Grayson County Appraisal Review Board annually. It does not matter if the value increased, was unchanged or was reduced. You can protest based on market value and unequal appraisal. There is no cost to file a property tax protest and the ARB cannot raise your value at the hearing.

The graphs illustrate both residential and commercial (other) volumes.

Grayson County property owners had appraisal review board hearings for 832 property tax protests, out of a total of 8,495 tax protests. Hence, 96% of Grayson County protests proceeded to an ARB hearings. Home owners accounted for 457 of the ARB hearings.

Grayson CAD Protests by Property Type

Grayson Central Appraisal District is typical in that it has more residential than commercial ARB hearings. This is because such a large portion of the parcels are homes. While the Grayson County ARB hearings are about two-thirds residential, about two-thirds of the savings are commercial.

In other words, though there are more residential protests, commercial property protests generate larger property tax savings. There are two reasons for this: 1) commercial properties tend to have a higher value and 2) the percentage reduction for commercial is higher since valuation of commercial properties is more subjective than valuation of homes.

Grayson County ARB Decisions with a ReductionSource: Texas Comptroller, compiled by O’Connor, and not affiliated with any appraisal district.

Thousands
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Total 0.255 0.422 0.535 0.353 0.311 0.593 0.630 0.492 2.188 2.730 3.272
Single Family Residential 0.128 0.248 0.457 0.200 0.186 0.413 0.372 0.320 1.172 1.485 1.797
Commercial / All Other 0.127 0.174 0.078 0.153 0.125 0.180 0.258 0.172 1.016 1.246 1.475

Texas property owners should protest annually since An annual appeal is an insurance policy to avoid major increases.

Grayson County ARB Decisions with a Reduction

Grayson County has more successful ARB hearings for residential than for commercial. This is because of the prevalence of residential accounts. About half of ARB appeals are successful, depending on the county.

Home owners accounted for 457 of the ARB hearings, accounting for 55% of the total 2021 Grayson County ARB protest hearings.

Percent That Resulted in A ReductionSource: Texas Comptroller, compiled by O’Connor, and not affiliated with any appraisal district.

Percent
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Total Reduction 69% 53% 56% 62% 45% 52% 58% 59% 60% 50% 54%
Single Family Residential 70% 65% 69% 69% 52% 65% 70% 70% 64% 40% 63%
Commercial / All Other 68% 42% 27% 55% 38% 35% 46% 46% 56% 70% 46%

Texas property owners should protest annually since To ensure their property taxes are at the lowest possible level.

Percent That Resulted in A Reduction

Here is a graph of the Grayson County ARB decisions for residential and commercial showing what percent resulted in a reduction.

In Grayson in 2021, there were 375 ARB hearings for home owners and 492 for commercial property owners. Home owners won a reduction in 70% of the Grayson ARB hearings while commercial / other property owners won a reduction in 46% of their hearings.

Value Reduction From Written ARB DeterminationsSource: Texas Comptroller, compiled by O’Connor, and not affiliated with any appraisal district.

Billions of $
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Total $ Reduction 0.014 0.016 0.019 0.025 0.024 0.022 0.015 0.117 0.219 0.380 0.226
Single Family Residential 0.002 0.003 0.006 0.003 0.006 0.009 0.006 0.014 0.022 0.113 0.020
Commercial / All Other 0.012 0.013 0.013 0.022 0.018 0.013 0.009 0.103 0.197 0.267 0.207

Texas property owners should protest annually since Unequal appraisal allows protests based on neighbors having a better tax assessment.

Grayson CAD Dollar Value Reduction from ARB Hearings

Grayson County property owners challenged the value set by Grayson Central Appraisal District at the ARB in 832 cases. The ARB agreed reduction was appropriate in 492, or 59% of the hearings.

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