Over-assessed vs. comparables

Central Commerce Dr

78660 · Travis County, Texas · commercial property · 9,951 sq ft · Texas Tax Code §42.26

$13,200estimated 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$1,756,696
What the comparable appraisals support$1,156,711
Estimated over-assessment$599,985 · 34.2%
Comparable basis$116/SF
Estimated tax saved / year$13,200

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
$108$11011,012 SF2014
$117$11410,030 SF2007
$116$1148,400 SF2012
$117$11510,825 SF2007
$113$11611,256 SF2014
$115$11710,000 SF2015
$119$1178,000 SF2012
$126$1258,750 SF2014

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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