Over-assessed vs. comparables

8201 Luxe Blvd , Mckinney, Tx 75071

Mckinney, 75071 · Collin County, Texas · multifamily property · 547,369 sq ft · Texas Tax Code §42.26

$443,191estimated 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$103,109,958
What the comparable appraisals support$82,964,905
Estimated over-assessment$20,145,053 · 19.5%
Comparable basis$152/SF
Estimated tax saved / year$443,191

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
$122$123530,080 SF2022
$134$134582,234 SF2020
$136$137528,075 SF2023
$136$137561,142 SF2022
$142$142516,678 SF2022
$163$162495,048 SF2021
$172$172536,658 SF2022
$184$183557,288 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.

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 8201 Luxe Blvd , Mckinney, Tx 75071 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