Over-assessed vs. comparables

171 S Railroad St

Lewisville, 75057-4134 · Denton County, Texas · commercial property · 31,314 sq ft · Texas Tax Code §42.26

$5,432estimated 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$1,251,956
What the comparable appraisals support$1,005,036
Estimated over-assessment$246,920 · 19.7%
Comparable basis$32/SF
Estimated tax saved / year$5,432

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 7 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
$25$2433,200 SF1999
$27$2727,696 SF
$30$3139,680 SF2002
$33$3224,596 SF
$39$3930,063 SF
$40$3933,160 SF1995
$78$7732,260 SF2000

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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