Possible over-assessment

Plum & Meadow

Laredo, 78040 · Webb County, Texas · multifamily property · 11,828 sq ft · Texas Tax Code §42.26

$21,439estimated overpaid in property tax / year

The public records suggest this property may be over-assessed, but the comparison is wide enough that we verify it by hand — free, with no obligation — before saying you have a case.

What the public records show

Webb public rollTexas
Current assessment$1,470,648
What the comparable appraisals support$496,148
Estimated over-assessment$974,500 · 66.3%
Comparable basis$42/SF
Estimated tax saved / year$21,439

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
$35$3510,908 SF
$39$3912,163 SF2004
$39$3912,490 SF2009
$40$4011,889 SF2007
$42$4211,538 SF2004
$43$4211,690 SF2004
$44$4411,915 SF2006
$48$4810,666 SF2006

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 Plum & Meadow 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