Over-assessed vs. comparables

5120 Fm Rd 1187

Tarrant County, Texas · commercial property · 600 sq ft · Texas Tax Code §42.26

$733estimated 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$156,000
What the comparable appraisals support$122,677
Estimated over-assessment$33,323 · 21.4%
Comparable basis$204/SF
Estimated tax saved / year$733

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
$58$58612 SF
$80$81729 SF2014
$100$102576 SF2019
$150$149544 SF2016
$180$173597 SF2007
$230$236688 SF2017
$239$237625 SF2013
$245$251663 SF2018

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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