Over-assessed vs. comparables

501 N Stemmons St

Sanger, 76266 · Denton County, Texas · commercial property · 38,786 sq ft · Texas Tax Code §42.26

$15,699estimated 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$2,126,083
What the comparable appraisals support$1,412,495
Estimated over-assessment$713,588 · 33.6%
Comparable basis$36/SF
Estimated tax saved / year$15,699

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
$20$2038,582 SF1985
$20$2037,800 SF1985
$23$2339,877 SF1985
$28$2736,577 SF1986
$32$3239,301 SF1985
$41$4140,656 SF1986
$58$5739,121 SF1985
$63$6340,692 SF1986

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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