Over-assessed vs. comparables

8926 Broadway St

San Antonio, 78217 · Bexar County, Texas · commercial property · 19,364 sq ft · Texas Tax Code §42.26

$5,549estimated 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$1,046,000
What the comparable appraisals support$793,752
Estimated over-assessment$252,248 · 24.1%
Comparable basis$41/SF
Estimated tax saved / year$5,549

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
$17$1719,625 SF
$26$2619,534 SF
$30$3019,176 SF
$34$3519,560 SF
$36$3618,392 SF1970
$46$4619,419 SF
$46$4819,889 SF1977
$49$4919,500 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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