Above the comparable median

709 Parkplace Rdg , Princeton, Tx 75407

Princeton, 75407 · Collin County, Texas · multifamily property · 3,016 sq ft · Texas Tax Code §42.26

$49estimated 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$429,926
What the comparable appraisals support$427,719
Estimated over-assessment$2,207 · 0.5%
Comparable basis$142/SF
Estimated tax saved / year$49

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
$127$1333,523 SF2015
$137$1373,054 SF2008
$137$1383,050 SF2008
$142$1412,878 SF2008
$142$1412,878 SF2008
$143$1433,016 SF2008
$144$1493,170 SF2014
$150$1502,767 SF2009

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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