Over-assessed vs. comparables

10891 Edgemere Blvd El Paso, Tx 79935

79935 · El Paso County, Texas · multifamily property · 148,887 sq ft · Texas Tax Code §42.26

$71,012estimated 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

El Paso public rollTexas
Current assessment$8,148,920
What the comparable appraisals support$4,921,090
Estimated over-assessment$3,227,830 · 39.6%
Comparable basis$33/SF
Estimated tax saved / year$71,012

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
$19$19186,197 SF1978
$29$28142,269 SF1974
$31$31139,848 SF1983
$34$32163,123 SF1971
$35$33151,766 SF1971
$36$33139,067 SF1971
$35$34117,102 SF1980
$38$37126,940 SF1983

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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