Over-assessed vs. comparables

Doolin Dr

78704 · Travis County, Texas · multifamily property · 2,468 sq ft · Texas Tax Code §42.26

$2,561estimated 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$691,031
What the comparable appraisals support$574,629
Estimated over-assessment$116,402 · 16.8%
Comparable basis$233/SF
Estimated tax saved / year$2,561

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
$220$2192,528 SF1971
$222$2192,380 SF1971
$224$2222,510 SF1971
$226$2232,400 SF1971
$234$2322,454 SF1971
$232$2342,660 SF1973
$236$2382,380 SF1975
$302$3002,306 SF1973

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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