Above the comparable median

1400 Fm 407 W

Lewisville, 75077-2125 · Denton County, Texas · commercial property · 24,138 sq ft · Texas Tax Code §42.26

$1,397estimated 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

Denton public rollTexas
Current assessment$1,273,821
What the comparable appraisals support$1,210,340
Estimated over-assessment$63,481 · 5.0%
Comparable basis$50/SF
Estimated tax saved / year$1,397

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
$31$3124,348 SF1996
$39$3923,520 SF1997
$43$4323,958 SF1997
$46$4724,748 SF1997
$50$5023,998 SF1997
$51$5123,789 SF1998
$59$5925,152 SF1997
$62$6224,108 SF1998

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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