Over-assessed vs. comparables

524 St Mary Dr , Allen, Tx 75002

Allen, 75002 · Collin County, Texas · multifamily property · 32,352 sq ft · Texas Tax Code §42.26

$38,449estimated 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$5,415,248
What the comparable appraisals support$3,667,571
Estimated over-assessment$1,747,677 · 32.3%
Comparable basis$113/SF
Estimated tax saved / year$38,449

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
$36$3323,844 SF1989
$85$8035,484 SF1986
$116$10918,687 SF1998
$121$11025,676 SF1986
$120$11318,052 SF1999
$160$15920,912 SF2007
$181$19241,080 SF2008
$210$20316,526 SF2004

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 524 St Mary Dr , Allen, Tx 75002 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