Over-assessed vs. comparables

5700 Rr 2338, Georgetown, Tx 78633

Georgetown, 78633 · Williamson County, Texas · commercial property · 2,306 sq ft · Texas Tax Code §42.26

$3,310estimated 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

Williamson public rollTexas
Current assessment$925,030
What the comparable appraisals support$774,595
Estimated over-assessment$150,435 · 16.3%
Comparable basis$336/SF
Estimated tax saved / year$3,310

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
$175$1762,328 SF1987
$198$1992,400 SF1986
$205$2042,280 SF1985
$207$2082,400 SF1986
$314$3162,430 SF1986
$354$3562,337 SF1987
$400$3982,304 SF1985
$405$4062,354 SF1986

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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