Over-assessed vs. comparables

Trade Center Dr

78744 · Travis County, Texas · commercial property · 89,164 sq ft · Texas Tax Code §42.26

$90,152estimated 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$17,067,224
What the comparable appraisals support$12,969,396
Estimated over-assessment$4,097,828 · 24.0%
Comparable basis$145/SF
Estimated tax saved / year$90,152

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
$76$7794,451 SF2019
$78$7896,142 SF2016
$83$8690,000 SF2022
$90$8977,072 SF2018
$134$13694,142 SF2019
$157$15582,875 SF2016
$168$16993,885 SF2017
$174$17590,638 SF2017

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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