Over-assessed vs. comparables

Teakwood Dr

78757 · Travis County, Texas · multifamily property · 2,554 sq ft · Texas Tax Code §42.26

$1,601estimated 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$605,000
What the comparable appraisals support$532,214
Estimated over-assessment$72,786 · 12.0%
Comparable basis$208/SF
Estimated tax saved / year$1,601

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
$180$1913,009 SF2007
$191$1942,869 SF1999
$206$2052,497 SF1998
$204$2062,869 SF1998
$208$2072,497 SF1999
$208$2102,716 SF1999
$214$2162,810 SF1999
$214$2172,869 SF1999

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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