Over-assessed vs. comparables

4858 Fm 720

Crossroads, 76227 · Denton County, Texas · commercial property · 35,832 sq ft · Texas Tax Code §42.26

$6,191estimated 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$2,496,665
What the comparable appraisals support$2,215,263
Estimated over-assessment$281,402 · 11.3%
Comparable basis$62/SF
Estimated tax saved / year$6,191

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
$40$3834,098 SF2014
$43$4337,490 SF2022
$43$4339,758 SF2020
$49$4943,470 SF2018
$63$6128,625 SF2018
$65$6331,598 SF2020
$67$6529,483 SF2019
$78$7838,740 SF2020

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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