Over-assessed vs. comparables

7403 Reindeer Trl

Leon Valley, 78238 · Bexar County, Texas · commercial property · 8,056 sq ft · Texas Tax Code §42.26

$1,638estimated 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$319,890
What the comparable appraisals support$245,413
Estimated over-assessment$74,477 · 23.3%
Comparable basis$30/SF
Estimated tax saved / year$1,638

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
$7$78,538 SF
$13$138,275 SF1980
$17$178,181 SF1980
$18$188,273 SF1980
$25$257,922 SF1979
$36$368,213 SF1980
$39$397,933 SF1980
$59$598,042 SF1980

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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