Over-assessed vs. comparables

757 Rittiman Rd

San Antonio, 78209 · Bexar County, Texas · multifamily property · 3,052 sq ft · Texas Tax Code §42.26

$712estimated 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$301,720
What the comparable appraisals support$269,376
Estimated over-assessment$32,344 · 10.7%
Comparable basis$88/SF
Estimated tax saved / year$712

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
$66$612,728 SF1951
$73$712,754 SF1963
$79$732,772 SF1950
$86$772,159 SF1951
$90$871,994 SF1965
$98$892,356 SF1951
$108$992,538 SF1951
$101$993,360 SF1960

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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