Contends taxes don't match market value

Christopher Maher, Alice Echo-News Journal

A local apartment complex has filed a lawsuit against the Jim Wells County Appraisal District, alleging the district's valuations for 2007 are too high.

The lawsuit was filed Aug. 29 in the 79th District Court by San Diego Creek Apartments, Ltd. against the appraisal district and the Jim Wells County Appraisal Review Board.

According to information presented in the lawsuit, the company filed a notice of protest with the Jim Wells County Appraisal District, after learning of the appraised value of the property.

A hearing was held before the Jim Wells County Appraisal Review Board on July 6, and on July 12 the board ruled the value of the property should be set at $1,362,900.

The suit filed in district court appeals that determination.

"Plaintiff alleges that the determination by the defendants of the appraised value of the subject property as of Jan. 1, 2007, is contrary to the requirements of law because said appraised value is in excess of the market value of the subject property as of Jan.1, 2007," the suit stated. "Plaintiff further alleges that the subject property was appraised unequally in comparison to the level of appraisals of other representative property in the appraisal district."

The lawsuit asks that the court hold a hearing on the appraised value and establish a separate value for the property.

The apartment complex is represented by William B. Steele III, of the law firm Locke, Liddell and Sapp, PLLC.

The Jim Wells County Appraisal District and the Jim Wells County Appraisal Review Board have not yet filed a response to the lawsuit.