Collin County- Reduce your property taxes with Texas Tax Appeal

Collin County Property Tax Guide – Trends, Appeals & How to Lower Your Bill

📍 Collin County, TX | Updated: March 2025

Overview of Collin County Property Taxes

Collin County, home to Frisco, Plano, McKinney, and Allen, has become one of the fastest-growing real estate markets in Texas. With rising home values, a strong rental market, and an influx of corporate relocations, many property owners—especially those with second homes, short-term rentals (STRs), and investment properties—are seeing significant property tax increases. Unlike homesteaded properties, non-homesteaded properties do not benefit from a 10% appraisal cap, making them particularly vulnerable to steep tax hikes. If you own a rental property, vacation home, or commercial real estate in Collin County, protesting your property tax assessment is one of the best ways to protect your investment.

📌 Why It Matters: Collin County’s booming real estate market and rising tax assessments mean many investors, second-home owners, and landlords are overpaying—but a tax protest can help!

📊 Collin County Quick Facts

📍 Location: North Texas, part of the Dallas-Fort Worth metro area
🏆 Size Rank: 45th largest county in Texas by land area (886 square miles)
👥 Population Rank: 6th most populous county in Texas (~1.2 million residents)
🌆 Largest Cities: Plano, Frisco, McKinney, Allen
🏙️ Metro Area Rank: Part of the Dallas-Fort Worth metroplex (largest in Texas)
📈 Growth: One of the fastest-growing counties in the U.S.
🏡 Median Home Price: ~$550,000 (one of the highest in Texas)
💰 Median Property Tax Bill: ~$11,500 per year
🏛️ Major Economic Drivers: Corporate relocations, tech industry, finance, real estate
🏀 Major Attractions: The Star in Frisco (Dallas Cowboys HQ), Legacy West, PGA Frisco, Historic Downtown McKinney
🚗 Major Highways: US-75, Dallas North Tollway, SH-121 (Sam Rayburn), SH-190 (Bush Turnpike)

📊 Collin County Property Tax Trends

📈 Property Tax Rates & Assessments

  • Average Property Tax Rate: 2.18% of assessed value (varies by jurisdiction).

  • Average Home Value: ~$550,000 (up 9% from last year).

  • Median Property Tax Bill: ~$11,500 per year.

🏡 Home Value Increases (Past 5 Years)

📅 Year 🏠 Avg. Home Value 📈 % Change

2021 💲**$450,000** 🔺 +7.8%

2022 💲**$490,000** 🔺 +8.9%

2023 💲**$515,000** 🔺 +5.1%

2024 💲**$550,000** 🔺 +6.8%

2025 💲**$600,000** (est.) 🔺 +9.1%

📌 Tip: As home values increase, property tax assessments rise too! If your home’s value jumped more than similar properties in your area, you may be overpaying on property taxes.

What This Means: Homeowners are facing higher tax bills due to increasing property values. If your home’s appraised value is rising faster than similar properties in your area, you might be overpaying.

🔎 Not sure if your property is over-assessed? Check Your Property’s Value

Who Pays the Highest Property Taxes in Collin County?

Certain areas of Collin County, particularly high-growth suburbs and luxury home communities, pay higher tax rates due to school districts, city taxes, and special assessments.

💰 Highest Property Tax Rates by City

🏙️ City 📊 Est. Tax Rate 🏡 Avg. Home Price

Plano 2.18% 💲**$575,000**

Frisco 2.21% 💲**$650,000**

McKinney 2.20% 💲**$525,000**

Allen 2.15% 💲**$500,000**

Prosper 2.12% 💲**$700,000**

📌 Tip: If your home is in a high-tax area, filing a tax protest can significantly lower your bill!

How to Protest Your Property Tax Assessment in Collin County

If you believe your property is overvalued, you have the right to appeal your assessment with Collin Central Appraisal District (CCAD).

📅 Key Deadlines for 2025

🛑 Notice of Appraised Value Sent: Early April 2025
🛑 Property Tax Protest Deadline: May 15, 2025

Step-by-Step Guide to Filing a Protest

1️⃣ Review Your CCAD Assessment

  • Visit CCAD.org to check your property’s appraised value.

2️⃣ Gather Supporting Evidence

  • Recent sales data from similar properties.

  • Photos of property damage or defects affecting value.

  • Neighboring properties’ tax assessments (to compare values).

3️⃣ File a Protest with CCAD
Online: Submit your appeal at CCAD.org
By Mail: Send a written protest to CCAD before the May 15th deadline:

250 Eldorado Pkwy

McKinney, TX 75069

In-Person: Visit CCAD’s office in McKinney to file directly.

4️⃣ Attend Your Informal Hearing

  • CCAD may offer a settlement to reduce your valuation.

5️⃣ Formal Hearing

🔹 Need expert help? Start Your Free Property Tax Review

💰 Save Money on Your Collin County Property Taxes

Don’t wait—appealing your property tax assessment could save you thousands per year. If you’re unsure where to start, Texas Tax Appeal can handle the entire process for you.
📧 Email: info@texastaxappeal.com
🌐 Start Your Free Consultation

🔹 Protest Deadline: May 15, 2025

📌 Don't Overpay! Check if You Qualify for a Lower Tax Bill.

🏡 Unique Property Tax Situation in Collin County

Collin County’s booming real estate market, corporate relocations, and strong rental demand have made it one of the most expensive counties for non-homesteaded property owners in Texas.

High Property Values & Luxury Markets: With cities like Frisco, Plano, and Prosper attracting luxury homebuyers and investors, appraised values continue to skyrocket, leading to higher tax burdens for non-homesteaded properties.

Short-Term Rentals (STRs) & Investment Properties: Many Airbnb and VRBO rental owners in Frisco and McKinney have seen rising tax assessments, as Collin County appraisers frequently increase valuations on rental properties.

Corporate Relocations Driving Demand: With major companies like Toyota, Liberty Mutual, and JPMorgan Chase relocating to Plano & Frisco, rental demand has surged, pushing up property values and investor tax burdens.

📌 What This Means: If you own a rental property, vacation home, or non-homesteaded real estate in Collin County, you are more likely to be over-assessed and overpaying on property taxes. Filing a property tax protest can help you lower your costs and protect your investment.

📞 Get a Free Property Tax Review Today! 🚀

This guide provides an overview of Collin County’s property tax system, recent market trends, and how to appeal your assessment for potential tax savings.

🔹 Collin County Appraisal District (CCAD) oversees property valuations.

🔹 Collin County Tax Assessor-Collector- collects property taxes

🔹 Property Taxpayers' Bill of Rights

🔹 The deadline to appeal your 2025 property tax assessment is May 15.

📞 Need help filing a protest? Get a Free Consultation or Sign Up to Protest Now