Over-assessed vs. comparables

Airport Blvd

78752 · Travis County, Texas · commercial property · 4,558 sq ft · Texas Tax Code §42.26

$19,186estimated 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

Travis public rollTexas
Current assessment$2,652,502
What the comparable appraisals support$1,780,416
Estimated over-assessment$872,086 · 32.9%
Comparable basis$391/SF
Estimated tax saved / year$19,186

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
$250$2504,792 SF1992
$287$2804,536 SF1988
$305$3095,074 SF1993
$315$3254,826 SF1998
$379$3884,492 SF1998
$381$3935,060 SF1997
$412$4044,687 SF1989
$477$4634,624 SF1987

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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