Over-assessed vs. comparables

15726 Chase Hill Blvd

San Antonio, 78256 · Bexar County, Texas · multifamily property · 40,286 sq ft · Texas Tax Code §42.26

$6,539estimated 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$2,125,200
What the comparable appraisals support$1,827,956
Estimated over-assessment$297,244 · 14.0%
Comparable basis$45/SF
Estimated tax saved / year$6,539

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
$24$2440,575 SF
$25$2540,302 SF
$31$3140,998 SF1990
$44$4439,891 SF
$45$4540,272 SF1970
$46$4640,157 SF
$46$4639,924 SF
$48$4839,674 SF

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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