Possible over-assessment

500 Lipscomb St

Tarrant County, Texas · commercial property · 10,419 sq ft · Texas Tax Code §42.26

$108,760estimated overpaid in property tax / year

The public records suggest this property may be over-assessed, but the comparison is wide enough that we verify it by hand — free, with no obligation — before saying you have a case.

What the public records show

Tarrant public rollTexas
Current assessment$6,888,807
What the comparable appraisals support$1,945,160
Estimated over-assessment$4,943,647 · 71.8%
Comparable basis$187/SF
Estimated tax saved / year$108,760

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
$85$8510,066 SF2013
$88$889,900 SF2013
$119$11910,613 SF2014
$130$13010,568 SF2013
$164$16310,294 SF2013
$209$21010,821 SF2013
$216$21510,053 SF2013
$236$2359,968 SF2013

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

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