Possible over-assessment

4901 Lockheed Ln 56

Denton County, Texas · commercial property · 24,264 sq ft · Texas Tax Code §42.26

$14,459estimated 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$888,053
What the comparable appraisals support$230,831
Estimated over-assessment$657,222 · 74.0%
Comparable basis$10/SF
Estimated tax saved / year$14,459

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 7 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
$3$321,178 SF2008
$5$521,900 SF2004
$6$521,900 SF2006
$10$1032,750 SF2006
$23$2229,300 SF2006
$31$2919,800 SF2005
$39$3925,375 SF2014

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 4901 Lockheed Ln 56 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