Possible over-assessment

431 Lester St

Lewisville, 75057-3019 · Denton County, Texas · commercial property · 10,932 sq ft · Texas Tax Code §42.26

$7,602estimated overpaid in property tax / year

The public records suggest this property may be over-assessed, but the comparison is wide enough that we verify it by hand — free, with no obligation — before saying you have a case.

What the public records show

Denton public rollTexas
Current assessment$840,130
What the comparable appraisals support$494,602
Estimated over-assessment$345,528 · 41.1%
Comparable basis$45/SF
Estimated tax saved / year$7,602

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 5 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
$41$389,600 SF1986
$42$4310,576 SF2005
$43$4510,830 SF2007
$50$498,430 SF1996
$51$5213,320 SF1999

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

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