Over-assessed vs. comparables

515 S El Paso St El Paso, Tx 79901

79901 · El Paso County, Texas · commercial property · 3,694 sq ft · Texas Tax Code §42.26

$2,639estimated 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$338,533
What the comparable appraisals support$218,587
Estimated over-assessment$119,946 · 35.4%
Comparable basis$59/SF
Estimated tax saved / year$2,639

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
$45$422,655 SF1910
$48$494,080 SF1920
$49$494,320 SF1920
$55$562,464 SF1930
$62$624,680 SF1916
$84$864,671 SF1920
$86$874,270 SF1920
$92$923,629 SF1920

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 515 S El Paso St El Paso, Tx 79901 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 El Paso County

Other El Paso County properties over the line