Over-assessed vs. comparables

Centimeter Cir

78758 · Travis County, Texas · commercial property · 82,142 sq ft · Texas Tax Code §42.26

$65,528estimated 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$11,600,000
What the comparable appraisals support$8,621,457
Estimated over-assessment$2,978,543 · 25.7%
Comparable basis$105/SF
Estimated tax saved / year$65,528

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
$71$7081,200 SF1978
$85$8480,993 SF1979
$87$8687,939 SF1978
$93$9287,238 SF1978
$99$9881,900 SF1978
$112$11289,120 SF1979
$110$11281,823 SF1984
$122$12581,796 SF1985

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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