Over-assessed vs. comparables

Wildflower Ln

78733 · Travis County, Texas · multifamily property · 2,070 sq ft · Texas Tax Code §42.26

$2,886estimated 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$760,337
What the comparable appraisals support$629,166
Estimated over-assessment$131,171 · 17.3%
Comparable basis$304/SF
Estimated tax saved / year$2,886

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
$88$872,082 SF1982
$268$2732,475 SF1983
$283$2872,482 SF1982
$288$2902,211 SF1983
$307$3011,862 SF1981
$307$3072,134 SF1982
$319$3101,584 SF1982
$309$3122,308 SF1983

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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