Above the comparable median

300 E Fm 3040

Lewisville, 75067-3875 · Denton County, Texas · multifamily property · 549,905 sq ft · Texas Tax Code §42.26

$133,882estimated 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$61,266,908
What the comparable appraisals support$55,181,365
Estimated over-assessment$6,085,543 · 9.9%
Comparable basis$100/SF
Estimated tax saved / year$133,882

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
$86$84455,647 SF1998
$95$93450,414 SF1998
$95$95581,560 SF1998
$97$100577,131 SF2003
$99$100533,588 SF2001
$98$100534,327 SF2003
$105$106566,990 SF2000
$112$110449,408 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.

Your free review

See the full comparable analysis and start your review

The number above is free. Enter your email and we'll send the full breakdown for 300 E Fm 3040 and tell you, with no obligation, whether it's worth filing. A licensed Texas agent handles everything from there. You pay only if your value comes down.

Get the full report
No upfront cost. We only get paid if we win your appeal.

More in Denton County

Other Denton County properties over the line