Over-assessed vs. comparables

500 N Stewart St

Tarrant County, Texas · commercial property · 8,678 sq ft · Texas Tax Code §42.26

$4,044estimated 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$772,833
What the comparable appraisals support$589,021
Estimated over-assessment$183,812 · 23.8%
Comparable basis$68/SF
Estimated tax saved / year$4,044

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
$38$398,750 SF1972
$47$478,600 SF1970
$51$518,643 SF1970
$62$628,604 SF1970
$67$678,750 SF1970
$69$698,694 SF1970
$77$778,750 SF1970
$83$838,479 SF1971

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 500 N Stewart St 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 Tarrant County

Other Tarrant County properties over the line