Over-assessed vs. comparables

200 Zaragoza St

Laredo, 78040 · Webb County, Texas · multifamily property · 61,700 sq ft · Texas Tax Code §42.26

$20,728estimated 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

Webb public rollTexas
Current assessment$3,872,523
What the comparable appraisals support$2,930,348
Estimated over-assessment$942,175 · 24.3%
Comparable basis$47/SF
Estimated tax saved / year$20,728

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
$39$3761,423 SF1987
$40$4155,237 SF2002
$44$4150,616 SF1986
$44$4560,859 SF2002
$46$4652,311 SF2000
$51$4947,471 SF1993
$49$5055,922 SF2002
$51$5380,034 SF1996

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.

Your free review

See the full comparable analysis and start your review

The number above is free. Enter your email and we'll send the full breakdown for 200 Zaragoza St and tell you, with no obligation, whether it's worth filing. A licensed Texas property-tax agent handles everything from there. You pay only if your value comes down.

Get the full report
No upfront cost. We only get paid if we win your appeal.

More in Webb County

Other Webb County properties over the line