Over-assessed vs. comparables

5533 Old Lebanon Rd , Frisco, Tx 75034

Frisco, 75034 · Collin County, Texas · commercial property · 3,243 sq ft · Texas Tax Code §42.26

$7,146estimated 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$2,897,749
What the comparable appraisals support$2,572,950
Estimated over-assessment$324,799 · 11.2%
Comparable basis$793/SF
Estimated tax saved / year$7,146

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
$628$6243,031 SF2017
$653$6493,010 SF2017
$704$7073,542 SF2016
$775$7813,504 SF2017
$802$7893,063 SF2015
$813$7973,254 SF2013
$836$8413,594 SF2016
$853$8423,002 SF2016

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 5533 Old Lebanon Rd , Frisco, Tx 75034 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