Over-assessed vs. comparables

Cripple Creek Dr

78758 · Travis County, Texas · commercial property · 68,566 sq ft · Texas Tax Code §42.26

$58,453estimated 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$13,264,955
What the comparable appraisals support$10,607,999
Estimated over-assessment$2,656,956 · 20.0%
Comparable basis$155/SF
Estimated tax saved / year$58,453

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
$74$7461,824 SF1975
$84$8363,795 SF1974
$98$9669,620 SF1971
$100$9968,292 SF1972
$146$14769,310 SF1975
$165$16362,111 SF1973
$166$16361,962 SF1973
$168$16662,228 SF1974

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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