Over-assessed vs. comparables

4456 Heritage Trace Pkwy

Tarrant County, Texas · commercial property · 2,925 sq ft · Texas Tax Code §42.26

$8,323estimated 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

Tarrant public rollTexas
Current assessment$1,523,870
What the comparable appraisals support$1,145,555
Estimated over-assessment$378,315 · 24.8%
Comparable basis$392/SF
Estimated tax saved / year$8,323

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
$134$1342,900 SF2016
$216$2172,940 SF2017
$250$2513,004 SF2016
$369$3703,000 SF2016
$385$3852,977 SF2016
$400$3982,924 SF2015
$411$4123,044 SF2016
$450$4523,040 SF2016

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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