Above the comparable median

Steiner Ranch Blvd

78732 · Travis County, Texas · multifamily property · 325,600 sq ft · Texas Tax Code §42.26

$131,214estimated overpaid in property tax / year

This property's assessment runs above the median of comparable properties. Whether it clears the bar to file is something we confirm for free.

What the public records show

Travis public rollTexas
Current assessment$85,103,135
What the comparable appraisals support$79,138,883
Estimated over-assessment$5,964,252 · 7.0%
Comparable basis$243/SF
Estimated tax saved / year$131,214

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
$150$153323,659 SF2019
$167$169336,658 SF2017
$180$185336,000 SF2020
$232$225244,830 SF2014
$245$240244,746 SF2016
$244$246288,174 SF2019
$263$260262,576 SF2016
$274$284348,496 SF2021

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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