Over-assessed vs. comparables

5572 North Colony Blvd

The Colony, 75056 · Denton County, Texas · commercial property · 7,120 sq ft · Texas Tax Code §42.26

$11,073estimated 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$1,662,466
What the comparable appraisals support$1,159,165
Estimated over-assessment$503,301 · 30.3%
Comparable basis$163/SF
Estimated tax saved / year$11,073

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
$13$138,300 SF2012
$36$356,173 SF2012
$39$407,290 SF2022
$112$1077,200 SF2007
$132$1316,250 SF2017
$192$1958,030 SF
$210$2198,828 SF2019
$278$2707,200 SF2010

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 5572 North Colony Blvd 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