Over-assessed vs. comparables

1121 Industrial Dr , Royse City, Tx 75189

Royse City, 75189 · Collin County, Texas · industrial property · 21,160 sq ft · Texas Tax Code §42.26

$5,894estimated 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$828,113
What the comparable appraisals support$560,202
Estimated over-assessment$267,911 · 32.4%
Comparable basis$26/SF
Estimated tax saved / year$5,894

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
$16$1616,269 SF1984
$18$1823,488 SF1979
$19$2020,304 SF1998
$24$2314,970 SF1987
$25$2626,293 SF1993
$25$2721,192 SF1993
$30$3125,068 SF1987
$47$5021,200 SF1999

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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