Over-assessed vs. comparables

107 W Spring Creek Pkwy , Plano, Tx 75023

Plano, 75023 · Collin County, Texas · commercial property · 3,157 sq ft · Texas Tax Code §42.26

$4,853estimated 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

Collin public rollTexas
Current assessment$1,512,048
What the comparable appraisals support$1,291,462
Estimated over-assessment$220,586 · 14.6%
Comparable basis$409/SF
Estimated tax saved / year$4,853

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
$274$2583,358 SF2003
$371$3483,247 SF2003
$375$3723,040 SF2015
$423$3913,000 SF2002
$417$4043,000 SF2011
$422$4142,590 SF2016
$440$4434,000 SF2012
$457$4522,960 SF2015

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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