EXAMPLES OF APARTMENT SAVINGS

canal crossing
LOW INCOME APARTMENT

2021 Assessment Value

$50,516,600

2021 Final Value

$18,400,000

Market Reduction

$32,116,600

Tax Savings

$517,302.08

advenir lake charles
APARTMENT

2021 Assessment Value

$10,419,000

2021 Final Value

$5,658,666

Market Reduction

$4,760,334

Tax Savings

$45,897.08

Rio Hondo
LOW INCOME APARTMENT

2021 Assessment Value

$8,099,520

2021 Final Value

$3,216,038

Market Reduction

$4,883,482

Tax Savings

$143,416.92

advenir at the meadows
APARTMENT

2021 Assessment Value

$37,111,120

2021 Final Value

$24,808,719

Market Reduction

$12,302,401

Tax Savings

$209,905.29

woodcrest ector
APARTMENT

2021 Assessment Value

$3,778,400

2021 Final Value

$2,102,476

Market Reduction

$1,675,924

Tax Savings

$39,535.04

advenir at mayfield
APARTMENT

2021 Assessment Value

$38,554,540

2021 Final Value

$28,301,675

Market Reduction

$10,252,865

Tax Savings

$174,935.81

Hyde Park Montfort
APARTMENT

2021 Assessment Value

$94,310,000

2021 Final Value

$81,000,000

Market Reduction

$13,310,000

Tax Savings

$361,083.65

The Sutherland
APARTMENT

2021 Assessment Value

$48,000,000

2021 Final Value

$34,550,690

Market Reduction

$13,449,310

Tax Savings

$379,208.40

Hyde Park Montfort
APARTMENT

2020 Assessment Value

$99,398,660

2020 Final Value

$80,000,000

Market Reduction

$19,398,660

Tax Savings

$530,278.85

Advenir Frankford
APARTMENT

2020 Assessment Value

$54,731,038

2020 Final Value

$40,250,000

Market Reduction

$14,481,038

Tax Savings

$326,690.04

Echelon at Summit
APARTMENT

2020 Assessment Value

$70,035,244

2020 Final Value

$58,008,940

Market Reduction

$12,026,304

Tax Savings

$245,465.64

Preston Hollow II
APARTMENT

2020 Assessment Value

$156,178,750

2020 Final Value

$100,185,130

Market Reduction

$55,993,620

Tax Savings

$1,530,633.20

The Nash
APARTMENT

2020 Assessment Value

$75,204,920

2020 Final Value

$47,000,000

Market Reduction

$28,204,920

Tax Savings

$785,107.92

Oxford Lake View
APARTMENT

2020 Assessment Value

$66,187,122

2020 Final Value

$36,000,000

Market Reduction

$30,187,122

Tax Savings

$705,949.38


Tax Appeal Savings Examples by Category