Over-assessed vs. comparables

2950 S Valley Pkwy

Lewisville, 75067 · Denton County, Texas · commercial property · 177,970 sq ft · Texas Tax Code §42.26

$42,758estimated 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$15,436,815
What the comparable appraisals support$13,493,281
Estimated over-assessment$1,943,534 · 12.6%
Comparable basis$76/SF
Estimated tax saved / year$42,758

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
$64$64142,735 SF2022
$67$66136,469 SF2023
$69$68124,826 SF2024
$70$73237,675 SF2022
$76$75146,600 SF
$74$77216,034 SF2023
$78$79169,450 SF2025
$80$80135,601 SF2024

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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