Property Tax Case Study – Multifamily

Multifamily Property – Multiple Locations | Travis County, TX

By the Numbers


Reduction in Value ($)


Reduction in Value (%)


Tax Refund Achieved


In tax year 2021, Larry Backus began representing a multifamily client with two locations, which were still in litigation for tax years 2019 and 2020. The initial 2020 value assessment was $105.1 M. Larry took over the open litigation for both years from the client’s former consulting firm, stepping in for the subject hearings.


Larry’s Appraisal Review Board success for tax year 2021 created a position that allowed him and the client to retroactively settle 2019 and 2020.


The properties received a value reduction of $11,169,174 for 2019 and 2020, ultimately providing the client with $283,726 in property tax refunds. In tax year 2020, the properties settled on a final value of $96.5 M, a reduction of 7.4%.

Director of Property Tax - Multifamily

Larry Backus

Director of Property Tax – Multifamily

Multifamily Property Tax Consultant

Larry Backus is the Director of Multifamily in the Property Tax division at Invoke Tax Partners. Highly regarded as one of the premier multifamily valuation experts in the industry, Larry continues the excellent service of Invoke’s multifamily portfolio of assets and work closely with business development to continue the growth of Invoke’s multifamily assets under management.