Above the comparable median

5520 S State Hwy 78 , Nevada, Tx 75173

Nevada, 75173 · Collin County, Texas · commercial property · 68 sq ft · Texas Tax Code §42.26

$3,990estimated overpaid in property tax / year

This property's assessment runs above the median of comparable properties. Whether it clears the bar to file is something we confirm for free.

What the public records show

Collin public rollTexas
Current assessment$2,047,200
What the comparable appraisals support$1,865,838
Estimated over-assessment$181,362 · 8.9%
Comparable basis$27439/SF
Estimated tax saved / year$3,990

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
$16188$1598256 SF2022
$16775$1669458 SF2023
$19225$1920864 SF2022
$23463$2381568 SF2024
$24504$2486478 SF2021
$29560$3001475 SF2022
$32149$3118261 SF2017
$34800$3393051 SF2021

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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