Over-assessed vs. comparables

125 Fm 407

Argyle, 76226 · Denton County, Texas · commercial property · 57,315 sq ft · Texas Tax Code §42.26

$51,042estimated 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

Denton public rollTexas
Current assessment$8,394,750
What the comparable appraisals support$6,074,646
Estimated over-assessment$2,320,104 · 27.6%
Comparable basis$106/SF
Estimated tax saved / year$51,042

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
$62$6160,250 SF2022
$84$8566,300 SF2023
$99$10064,590 SF2023
$105$10359,680 SF2019
$106$10352,550 SF2020
$112$10948,750 SF2022
$116$11552,504 SF2023
$138$13556,576 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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