Over-assessed vs. comparables

120 S Kentucky St , Mckinney, Tx 75069

Mckinney, 75069 · Collin County, Texas · commercial property · 480 sq ft · Texas Tax Code §42.26

$3,161estimated 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$627,711
What the comparable appraisals support$484,018
Estimated over-assessment$143,693 · 22.9%
Comparable basis$1008/SF
Estimated tax saved / year$3,161

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
$71$69600 SF1975
$194$214594 SF2000
$339$335416 SF1985
$870$823336 SF1980
$957$949560 SF1980
$1078$1068320 SF1990
$1060$1090424 SF1993
$1287$1296396 SF1990

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.

Your free review

See the full comparable analysis and start your review

The number above is free. Enter your email and we'll send the full breakdown for 120 S Kentucky St , Mckinney, Tx 75069 and tell you, with no obligation, whether it's worth filing. A licensed Texas agent handles everything from there. You pay only if your value comes down.

Get the full report
No upfront cost. We only get paid if we win your appeal.

More in Collin County

Other Collin County properties over the line