Protesting your home’s property value could help reduce your property taxes. In 2024, NTPTS clients in Collin County received an average reduction of $31,983 on their property value.
2024 Collin Protest Results for Residential Homestead Reductions
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$31,983
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$20,370
Other Agents
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$17,404
Ownwell Inc.
Collin County is among counties with the highest property taxes in Texas, with median property taxes of about $6,000 per year. Property values continue to increase in this county, meaning homeowners could pay more in property taxes even if rates decrease.
As a homeowner, you have the right to file an appeal to lower your property’s assessed value, which will decrease the amount of property taxes you have to pay. Learn more about how we’ve helped Collin County homeowners reduce their property taxes.
Calculating Property Taxes in Collin County
Property taxes are calculated based on assessed value each year. Rates vary based on the taxing entities associated with each property, including the city, school, and water district. For estimating purposes, we will use a tax rate of 2.5% or 0.025 per $100.
Let’s use a home with an assessed value of $650,000 in Frisco and Frisco Independent School District as an example. Using the tax rate above, the homeowner could pay $16,250 in estimated property taxes to Collin County.
Keep in mind that property taxes will vary each year. This estimate does not account for factors such as taxing entity boundaries, exemptions you may qualify for, and other factors.
If you are a homeowner in Collin County, learn more about tax rates and exemptions on the Collin County Appraisal District website.
Are your property taxes higher than you think they should be? Let NTPTS’ experienced tax consultants manage the protest process for you.
Sample Reductions in Collin County
- 2024
- 2023
- 2022
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*These are reductions obtained across Collin County.
Street Original Value Final Value Reduction % Amberwood Lane $4,929,081 $3,381,611 $1,547,470 31.39% Amherst Drive $608,227 $520,000 $88,227 14.51% Angel View Drive $891,442 $639,310 $252,132 28.28% Benny Lane $1,200,566 $1,053,000 $147,566 12.29% Big Horn Trail $1,317,211 $1,021,500 $295,711 22.45% Butler Road $1,484,110 $982,785 $501,325 33.78% Carmel Drive $1,063,783 $947,000 $116,783 10.98% Carrie Lane $1,808,422 $1,584,000 $224,422 12.41% Cedar Lane $594,478 $529,379 $65,099 10.95% Champions Drive $5,299,478 $4,535,502 $763,976 14.42% Chandler Circle $962,777 $767,500 $195,277 20.28% Clearview Drive $411,402 $330,000 $81,402 19.79% Country Club Drive $1,690,362 $1,457,000 $233,362 13.81% Cradlerock Circle $4,761,877 $4,134,000 $627,877 13.19% Custer Trail $2,462,843 $2,202,615 $260,228 10.57% Egret Way $673,756 $597,945 $75,811 11.25% Estelle Lane $1,519,226 $1,351,660 $167,566 11.03% Farming Road $962,675 $734,011 $228,664 23.75% Freda Lane $478,316 $399,166 $79,150 16.55% Glenwick Drive $850,806 $747,000 $103,806 12.20% Golden Leaf Court $3,091,484 $2,700,000 $391,484 12.66% Gray Branch Road $4,871,053 $4,069,000 $802,053 16.47% Great Trail $895,093 $659,254 $235,839 26.35% Harbor Town Drive $1,266,333 $902,667 $363,666 28.72% M Avenue $2,902,018 $2,245,509 $656,509 22.62% Maple Creek $353,320 $287,120 $66,200 18.74% Maple Street $716,560 $636,246 $80,314 11.21% Meadow Lane $1,205,453 $1,060,000 $145,453 12.07% Monterey Drive $3,293,230 $2,585,000 $708,230 21.51% Morris Lane $953,243 $848,000 $105,243 11.04% Mountain Path Road $936,386 $681,820 $254,566 27.19% N Hamilton Street $322,973 $266,419 $56,554 17.51% N Jackson Avenue $425,410 $376,137 $49,273 11.58% Oregon Trail $926,322 $808,024 $118,298 12.77% Osage Lane $1,536,327 $1,313,400 $222,927 14.51% Ravenden Road $1,193,434 $1,065,000 $128,434 10.76% Ridgebriar Drive $844,741 $700,000 $144,741 17.13% Riviera Drive $2,086,224 $1,827,350 $258,874 12.41% S Kentucky Street $338,894 $248,522 $90,372 26.67% San Pedro Street $868,841 $723,243 $145,598 16.76% Shiloh Road $1,042,014 $800,000 $242,014 23.23% Sycamore Lane $1,402,244 $1,010,000 $392,244 27.97% Valley Trail $845,138 $662,894 $182,244 21.56% Vista Meadow Lane $901,256 $620,573 $280,683 31.14% W University Drive $688,890 $587,254 $101,636 14.75% W Walnut Street $349,275 $302,744 $46,531 13.32% W White Street $2,585,883 $2,120,000 $465,883 18.02% Whispering Acres Lane $3,396,727 $2,833,000 $563,727 16.60% Willow Wood Lane $1,359,919 $1,185,000 $174,919 12.86% Woodpile Trail $5,654,401 $5,043,377 $611,024 10.81% -
*These are reductions obtained across Collin County.
Street Original Value Final Value Reduction % Amber Waves Lane $778,624 $608,624 $170,000 21.83% Amberwood Lane $4,951,395 $3,495,777 $1,455,618 29.40% Austin Bayou Trail $743,786 $608,882 $134,904 18.14% Bishop Gate $871,623 $726,305 $145,318 16.67% Canadian River Drive $781,986 $605,000 $176,986 22.63% Cole Street $570,750 $478,000 $92,750 16.25% Copperbeach Street $1,226,344 $944,866 $281,478 22.95% Cottage Lane $825,025 $659,851 $165,174 20.02% Country Club Drive $1,726,350 $1,507,000 $219,350 12.71% County Road 573 $1,666,078 $1,433,601 $232,477 13.95% Derbyshire Drive $713,867 $615,238 $98,629 13.82% Desert Broom Road $868,851 $734,751 $134,100 15.43% Diamondhead Drive $499,982 $440,000 $59,982 12.00% E Bethany Drive $3,571,335 $2,910,000 $661,335 18.52% Elm Court $1,304,095 $1,072,000 $232,095 17.80% Finch Avenue $565,719 $486,098 $79,621 14.07% Forest Grove Drive $719,209 $620,775 $98,434 13.69% Fort Buckner Drive $404,479 $346,672 $57,807 14.29% Gentle Breeze Road $794,801 $551,000 $243,801 30.67% Gray Branch Road $5,001,464 $3,550,000 $1,451,464 29.02% Hickory Knoll Lane $921,755 $641,000 $280,755 30.46% Holly Street $782,950 $682,000 $100,950 12.89% Lake Trail $570,016 $494,800 $75,216 13.20% Lakeridge Drive $1,084,371 $958,000 $126,371 11.65% Lakeway Drive $550,000 $341,000 $209,000 38.00% Lebanon Road $2,263,792 $2,000,000 $263,792 11.65% Library Street $715,661 $629,000 $86,661 12.11% Lone Star Road $1,190,932 $1,033,765 $157,167 13.20% M Avenue $3,076,798 $2,130,000 $946,798 30.77% Midnight Trail $872,681 $712,874 $159,807 18.31% Monks Cap St $1,080,000 $738,000 $342,000 31.67% N College Street $506,474 $442,000 $64,474 12.73% N Country Club Road $1,963,746 $1,200,000 $763,746 38.89% N Jackson Avenue $454,028 $364,380 $89,648 19.75% Park Central Drive $479,073 $301,348 $177,725 37.10% Peppertree Road $1,064,500 $876,768 $187,732 17.64% Prairie Trail $547,455 $480,000 $67,455 12.32% Redwood Creek Drive $2,426,957 $2,133,009 $293,948 12.11% S Hardin Blvd $1,656,935 $1,017,562 $639,373 38.59% Shetland Circle $442,408 $388,000 $54,408 12.30% Spanner Drive $566,376 $501,000 $65,376 11.54% Stanford Drive $472,583 $410,000 $62,583 13.24% Stone Cliff Court $1,880,444 $1,656,000 $224,444 11.94% Village Creek Drive $486,508 $425,000 $61,508 12.64% W Louisiana Street $1,472,534 $1,265,437 $207,097 14.06% W Princeton Drive $629,737 $515,189 $114,548 18.19% W University Drive $621,775 $475,410 $146,365 23.54% W White Street $2,609,285 $2,120,000 $489,285 18.75% Waters Way $732,236 $626,809 $105,427 14.40% Zenyatta Ct $932,694 $748,521 $184,173 19.75% -
*These are reductions obtained across Collin County.
Street Original Value Final Value Reduction % Aberdon Road $690,950 $617,738 $73,212 10.60% Amberwood Lane $4,961,444 $3,600,000 $1,361,444 27.44% Arrowwood Court $745,834 $670,414 $75,420 10.11% Asbury Drive $797,282 $709,000 $88,282 11.07% Avery Street $788,304 $704,726 $83,578 10.60% Baker Street $981,901 $867,482 $114,419 11.65% Bromeliad Street $958,275 $795,000 $163,275 17.04% Brookside Court $626,453 $555,000 $71,453 11.41% Buffaloberry Road $1,086,433 $893,500 $192,933 17.76% Candletree Road $775,424 $647,141 $128,283 16.54% Carrie Lane $1,736,019 $1,495,000 $241,019 13.88% Cedar Ridge Drive $921,596 $816,635 $104,961 11.39% Circle J Trail $1,051,954 $869,000 $182,954 17.39% Country Club Drive $1,496,328 $1,324,286 $172,042 11.50% Country Trail $1,649,526 $1,450,000 $199,526 12.10% Crape Myrtle Road $855,067 $753,000 $102,067 11.94% Determine Drive $1,440,466 $1,152,000 $288,466 20.03% E Streetone Road $786,541 $689,391 $97,150 12.35% Foliage Road $774,987 $650,807 $124,180 16.02% Forest Grove Drive $660,260 $588,210 $72,050 10.91% Forward Pass Circle $1,394,602 $1,100,000 $294,602 21.12% Frankford Road $584,239 $500,000 $84,239 14.42% Hillock Road $778,337 $587,100 $191,237 24.57% Lakeway Drive $500,000 $310,000 $190,000 38.00% Meadow Hill $1,031,189 $922,643 $108,546 10.53% Meadow Lane $1,246,038 $1,068,894 $177,144 14.22% Mission Court $715,446 $642,439 $73,007 10.20% Mokara Street $861,160 $739,600 $121,560 14.12% Monks Cap Street $920,575 $741,000 $179,575 19.51% N Country Club Road $1,623,322 $1,048,148 $575,174 35.43% Needlegrass Road $907,862 $735,000 $172,862 19.04% Ninebark Road $846,399 $613,922 $232,477 27.47% Otto Court $840,258 $742,000 $98,258 11.69% Overbrook Drive $1,562,474 $1,377,824 $184,650 11.82% Parkview Circle $1,369,132 $1,219,178 $149,954 10.95% Pebble Creek Drive $2,093,224 $1,825,750 $267,474 12.78% Perennial Street $778,337 $586,400 $191,937 24.66% Pomegranate Drive $685,444 $589,000 $96,444 14.07% Portola Drive $685,060 $604,800 $80,260 11.72% Proud Clairon Street $1,407,335 $1,150,000 $257,335 18.29% S Illinois Street $524,039 $431,000 $93,039 17.75% Sand Hills Drive $740,687 $640,376 $100,311 13.54% Sand Shell Court $623,798 $457,000 $166,798 26.74% Sedum Carpet Lane $674,580 $520,000 $154,580 22.91% Spider Lily Road $1,082,731 $930,000 $152,731 14.11% Splitbeard Road $921,289 $810,000 $111,289 12.08% Terenwood Street $757,526 $599,400 $158,126 20.87% Viburnum Road $1,085,428 $813,057 $272,371 25.09% W Walnut Street $392,769 $307,201 $85,568 21.79% Wainsborough Lane $1,263,849 $1,129,000 $134,849 10.67%
How to Protest Property Taxes in Collin County
To protest your property taxes in Collin County, follow these steps:
- Start by completing a Notice of Protest Form (Form 50-132), which will explain your reasons for protesting.
- Prepare evidence for your hearing.
- If possible, resolve with an informal review.
- If necessary, resolve with an ARB hearing.
- If you are not satisfied with the ARB’s decision, appeal through district court or binding arbitration.
File a Notice of Protest Form (Form 50-132)
There are three ways to file the Notice of Protest: 1) Online Appeals website, 2) by mail, or 3) in person. Collin Central Appraisal District (Collin CAD) encourages homeowners who have a pin on their Notice of Appraised Value to efile on the Online Appeals website.
You’ll need to provide owner and property information and protest reasons, and you’ll also need to select the type of hearing you want.
With exception, the deadline to file a Notice of Protest is May 15.
Prepare Evidence
You’ll need to prepare evidence that supports your lower value, such as sale prices of comparable properties, property damage, inaccurate data on your Notice of Appraised Value, etc. You can also ask Collin CAD for the information they used in their assessment. Review that information for discrepancies or inaccuracies.
Each CAD defends its value differently. All residential protests come down to these two elements: Adjustment Calculations and Comparable Selection. Be sure to confirm whether or not the comparables used against you are something you would have considered purchasing at the time you bought your home. Collin CAD uses land adjustments, neighborhood adjustments, and depreciation adjustments to their advantage.
Resolve with an Informal Review
An informal hearing can be done on the phone, online, or in person. If you and the appraiser agree to a value, there is nothing further you will need to do. However, you must be willing to waive your rights to any further appeal should you change your mind.
Attend an ARB Hearing
A formal hearing with the Collin Appraisal Review Board (ARB) is an option if you can’t reach a resolution through an informal hearing, as long as you filed by the protest deadline.
The hearing can be done in person, by telephone, or by video conference. Keep in mind that you need to submit your request in writing at least 10 days before the hearing if it will be by telephone or video conference. If you choose one of these hearing types, you must provide your evidence by affidavit or written declaration.
These restrictions make it critically important to request and enforce the rule of 14-day evidence. The CAD must deliver the evidence they intend to present at hearing. They are not allowed to present anything else.
After your hearing, the ARB will send their decision to you by certified mail. If you are not satisfied with their decision, you must take your case to binding arbitration.
Appeal through District Court or Binding Arbitration
You must file a petition for district court or binding arbitration within 60 days of receiving the ARB’s decision. You will also have to make a partial payment on your property taxes if you go to district court.
Binding arbitration is an alternative and is informal compared to district court. The arbitrator’s decision is final. If you win, the appraisal district will pay the arbitrator’s fee. If the property value is closer to the ARB’s value, you will pay the arbitrator’s fee.
There is a third appeal option through the State Office of Administrative Hearings for residential properties valued over $1 million. Similar to binding arbitration and district court, there is a fee associated with this appeal type.
For the best chance at lowering your property taxes, hire a trusted property tax reduction firm like NTPTS.
To get started, register your property with our company.