Over-assessed vs. comparables

7901 Eldorado Pkwy , Mckinney, Tx 75070

Mckinney, 75070 · Collin County, Texas · commercial property · 16,889 sq ft · Texas Tax Code §42.26

$38,697estimated 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$7,855,408
What the comparable appraisals support$6,096,475
Estimated over-assessment$1,758,933 · 22.4%
Comparable basis$361/SF
Estimated tax saved / year$38,697

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
$276$27617,036 SF2017
$327$32415,283 SF2017
$334$33517,107 SF2017
$339$33616,988 SF2015
$342$34416,385 SF2019
$381$37815,260 SF2017
$396$39918,158 SF2017
$400$40216,400 SF2019

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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