Over-assessed vs. comparables

2980 Waketon Rd

Flower Mound, 75028-2433 · Denton County, Texas · commercial property · 55,800 sq ft · Texas Tax Code §42.26

$5,849estimated 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$1,469,417
What the comparable appraisals support$1,203,564
Estimated over-assessment$265,853 · 18.1%
Comparable basis$22/SF
Estimated tax saved / year$5,849

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
$5$540,217 SF2004
$11$1037,700 SF2000
$16$1638,091 SF2014
$17$1757,456 SF1995
$26$2648,000 SF2006
$29$3044,500 SF2012
$28$3063,466 SF2013
$49$5163,000 SF2010

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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