Over-assessed vs. comparables

252 Oklahoma St

San Antonio, 78237 · Bexar County, Texas · commercial property · 2,702 sq ft · Texas Tax Code §42.26

$1,252estimated 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$235,790
What the comparable appraisals support$178,868
Estimated over-assessment$56,922 · 24.1%
Comparable basis$66/SF
Estimated tax saved / year$1,252

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
$39$382,540 SF1930
$41$412,702 SF1928
$62$622,727 SF1928
$62$622,742 SF1930
$66$662,665 SF
$66$672,648 SF1932
$131$1312,684 SF1930
$231$2332,912 SF1930

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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