Over-assessed vs. comparables

7400 Red River Dr , Plano, Tx 75025

Plano, 75025 · Collin County, Texas · commercial property · 93,760 sq ft · Texas Tax Code §42.26

$183,319estimated 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$22,760,177
What the comparable appraisals support$14,427,475
Estimated over-assessment$8,332,702 · 36.6%
Comparable basis$154/SF
Estimated tax saved / year$183,319

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
$118$11788,536 SF2002
$127$12789,681 SF2003
$131$13397,080 SF2004
$138$13791,284 SF2002
$154$15490,648 SF2003
$153$15490,448 SF2004
$160$15988,270 SF2002
$196$19693,955 SF2002

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 7400 Red River Dr , Plano, Tx 75025 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