Over-assessed vs. comparables

1019 E Nakoma St

San Antonio, 78216 · Bexar County, Texas · commercial property · 18,574 sq ft · Texas Tax Code §42.26

$2,510estimated overpaid in property tax / year

This property's assessment sits above the comparable basis its tax bill should follow — a strong opening for an appeal.

What the public records show

Bexar public rollTexas
Current assessment$905,400
What the comparable appraisals support$791,287
Estimated over-assessment$114,113 · 12.6%
Comparable basis$43/SF
Estimated tax saved / year$2,510

Straight from the public Texas roll. The estimated saving applies an estimated composite millage to the over-assessment. We adjust comparables for size, age, and location before we say a word about your property — and we never name owners.

The comparable basis

The 8 comparable appraisals behind the number

Each comparable is adjusted toward this property for size and age, then we take the median. Owners are never named — only the public assessment figures matter.

Comparable assessment $/SFAdjusted $/SFSizeBuilt
$17$1718,575 SF1990
$29$2918,580 SF
$29$2918,570 SF
$38$3818,570 SF1974
$42$4218,585 SF2013
$43$4318,564 SF
$46$4619,440 SF2013
$48$4818,582 SF1989

Why this is the lever

Texas Tax Code §42.26

Under §42.26, if a property is appraised above the median appraised value of a reasonable number of comparable properties (adjusted for size, age, and location), the value must be brought down to that median.

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