Over-assessed vs. comparables

Breeze Ter

78722 · Travis County, Texas · multifamily property · 1,253 sq ft · Texas Tax Code §42.26

$1,428estimated 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$500,258
What the comparable appraisals support$435,347
Estimated over-assessment$64,911 · 13.0%
Comparable basis$347/SF
Estimated tax saved / year$1,428

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
$312$3181,440 SF1947
$329$3231,386 SF1940
$323$3341,603 SF1947
$332$3431,520 SF1948
$338$3441,148 SF1951
$350$3511,120 SF1949
$366$3621,420 SF1941
$371$3641,343 SF1941

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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