Over-assessed vs. comparables

503 Brown Tr

Tarrant County, Texas · commercial property · 31,774 sq ft · Texas Tax Code §42.26

$16,541estimated 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$3,285,665
What the comparable appraisals support$2,533,793
Estimated over-assessment$751,872 · 22.9%
Comparable basis$80/SF
Estimated tax saved / year$16,541

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
$30$3032,692 SF1968
$42$4231,964 SF1967
$48$4831,384 SF1969
$75$7431,450 SF1967
$76$7631,525 SF1968
$83$8332,024 SF1969
$140$14132,004 SF1969
$147$14832,022 SF1969

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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