Above the comparable median

14928 Gamble Rd

Santa Fe, 77517 · Galveston County, Texas · multifamily property · 3,272 sq ft · Texas Tax Code §42.26

$294estimated overpaid in property tax / year

This property's assessment runs above the median of comparable properties. Whether it clears the bar to file is something we confirm for free.

What the public records show

Galveston public rollTexas
Current assessment$395,000
What the comparable appraisals support$381,642
Estimated over-assessment$13,358 · 3.4%
Comparable basis$117/SF
Estimated tax saved / year$294

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
$56$563,536 SF2008
$81$813,444 SF2010
$85$843,580 SF2007
$96$963,313 SF2010
$114$1163,410 SF2012
$118$1172,835 SF2012
$119$1183,040 SF2010
$119$1183,391 SF2009

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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