Possible over-assessment

615 N Fm 1138 , Nevada, Tx 75173

Nevada, 75173 · Collin County, Texas · commercial property · 197,081 sq ft · Texas Tax Code §42.26

$161,810estimated overpaid in property tax / year

The public records suggest this property may be over-assessed, but the comparison is wide enough that we verify it by hand — free, with no obligation — before saying you have a case.

What the public records show

Collin public rollTexas
Current assessment$12,214,104
What the comparable appraisals support$4,859,104
Estimated over-assessment$7,355,000 · 60.2%
Comparable basis$25/SF
Estimated tax saved / year$161,810

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
$3$3156,288 SF1984
$3$3195,288 SF1980
$3$3200,384 SF1990
$4$4190,000 SF2003
$24$24141,280 SF1991
$26$26250,479 SF1985
$51$50151,199 SF1988
$106$108184,753 SF1995

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 615 N Fm 1138 , Nevada, Tx 75173 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