Yes, that sounds about right - the relative effect of the tower probably depends a lot on various factors like how windy it is, if extreme heat occurs only for a day or if it has been ongoing so that the water under ground is heated as well, etc.
These comments were in response to @Gangreless, who stated that a modern AC "can only cool about 20f below the outside temperature". I didn't catch that it was fahrenheit first, and now that I know I am happily backing off rather than having to think in terms of freedom units.