This post is the second part of a two-part series dedicated to covering 2021 protest results. This part focuses on homeowners with zero Homestead Cap Loss (HS Cap Loss), meaning they are not eligible for the Homestead Exemption (investment properties, 2nd homes) or forgot to apply for it, or their market value increased less than 10% from 2020. The average property tax savings for these properties is $762! 💰
2021 Results
This year was pretty good for homeowners with zero HS Cap Loss with approximately a 67% protest success rate! Since the Market Value is equal to the Assessed Value for these properties, any reduction in Market Value translates to property tax savings. The graph below compares total protests filed by homeowners with zero HS Cap Loss vs. successful protests (non-zero tax savings).
As you can see across the board, the success rate is quite high, especially in Austin, which is nearly 75%! I anticipate this trend to continue into 2022 and beyond. Use the form at the bottom of this post to get a detailed protest report for your neighborhood!
2021 Results Visualized
Take a look at this map of protest results from 2019 to 2021, which shows cumulative property tax savings by county, zipcode, neighborhood, section, and individual savings by property. You can change the presented year by tapping the icon on the map. Use the address search bar on the map to find out who is saving in your neighborhood!
Get Your 2021 Neighborhood Report
Want to know the average property tax savings in your neighborhood? How many protests were filed, and how many got a reduction? Lookup your neighborhood by address below: