Over-assessed vs. comparables

230 W Main St

Lewisville, 75057-3864 · Denton County, Texas · commercial property · 2,692 sq ft · Texas Tax Code §42.26

$4,311estimated 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$567,978
What the comparable appraisals support$372,005
Estimated over-assessment$195,973 · 34.5%
Comparable basis$138/SF
Estimated tax saved / year$4,311

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 6 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
$70$743,524 SF1988
$109$1022,724 SF1970
$112$1143,240 SF
$162$1622,768 SF1983
$197$1912,156 SF1980
$218$2022,612 SF1969

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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