Over-assessed vs. comparables

18880 Stone Oak Pkwy

San Antonio, 78258 · Bexar County, Texas · commercial property · 30,205 sq ft · Texas Tax Code §42.26

$17,158estimated 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$2,977,600
What the comparable appraisals support$2,197,682
Estimated over-assessment$779,918 · 26.2%
Comparable basis$73/SF
Estimated tax saved / year$17,158

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
$50$5032,150 SF2006
$55$5531,099 SF2007
$56$5630,222 SF1998
$57$5831,175 SF2015
$71$7129,547 SF
$74$7431,040 SF
$87$8831,927 SF2017
$94$9428,661 SF2010

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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