Possible over-assessment

121 Ridgecrest

San Antonio, 78209 · Bexar County, Texas · multifamily property · 40 sq ft · Texas Tax Code §42.26

$171estimated overpaid in property tax / year

The public records suggest this property may be over-assessed, but the comparison is wide enough that we verify it by hand — free, with no obligation — before saying you have a case.

What the public records show

Bexar public rollTexas
Current assessment$15,080
What the comparable appraisals support$7,300
Estimated over-assessment$7,780 · 51.6%
Comparable basis$183/SF
Estimated tax saved / year$171

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
$75$86546 SF1920
$89$103756 SF1936
$104$119800 SF2010
$116$133560 SF1946
$156$180800 SF1999
$161$185680 SF
$173$199648 SF1965
$212$244570 SF2023

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.

Your free review

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