106 homes in Prosper, Collin County (appraisal neighborhood N8708), compared with their most similar neighbors.
Updated October 12, 2026. Source: Collin Central Appraisal District, 2026 data. Methodology
single-family homes compared
106
valued above similar homes nearby
48%
look worth protesting in 2026
98%
of decided 2026 protests got a reduction
88%
48% of Chapel Hill homes are valued above similar homes nearby
We compared each of 106 single-family homes with its most similar neighbors (same neighborhood and quality, similar size and age). 48% have a house value above the median of those homes: together, $662,535 of house value above them. Texas lets you protest a value that is above the median of comparable homes.
104 Chapel Hill homes look worth protesting in 2026
We rate 4 "Yes" and 100 "Maybe". If every one of them protested and got the reduction their comparables support, their owners could pay about $15,080 less in property tax a year.
33% of Chapel Hill homeowners protested in 2026, and 88% of decided protests got a reduction
Of 106 Chapel Hill homeowners in our data, 35 protested their 2026 value; 23 of 26 decided protests lowered it, typically by $20,259 (2.6% of the value).
Chapel Hill homeowners who protested on their own got bigger reductions than those who hired an agent: $24,375 vs. $20,062
The typical winning protest cut the value by 4% on your own vs. 2.5% with an agent.
On your own
$24,375
typical value cut among wins (4%)
Decided protests won
100%
Cost
$0–50
Off the yearly tax bill
about $388, all yours
With a paid agent
$20,062
typical value cut among wins (2.5%)
Decided protests won
84%
Cost
25–40% of the tax saved
Off the yearly tax bill
about $319, minus $80–$128 to the agent
Source: the Collin Central Appraisal District, 2026 protests. Tax figures at a typical 1.6% effective tax rate. Agent or do it yourself? · Methodology
An agent keeps 25–40% of what you save. Doing it yourself costs $0–50.
At a typical 1.6% tax rate, the typical win on your own takes about $388 a year off the tax bill, and you keep all of it. The typical agent win takes off about $319, and the agent keeps about $80–$128 of that. Filing is free, online or by mail, and there's no agent contract to renew or cancel each year.
35 Chapel Hill homes valued above similar homes weren't protested
Their house values were above the median of the most similar neighbors, the comparison Texas law allows a protest on, but their owners didn't protest in 2026.
8% of Chapel Hill homes have no homestead exemption on file
Usually a rental or second home. If it's your own home, a homestead exemption takes $140,000 off its school taxable value and caps yearly increases in taxable value at 10%; you apply with your appraisal district (Form 50-114).
Free, in about 10 seconds: how your home compares with similar homes nearby.
By the numbers
Single-family homes
106
Median market value
$730,243
Median change from last year
-2.5%
Median value per sq ft
$190
Median living area
3,839 sq ft
Median lot
19,994 sq ft
Median year built
2008
Homes with a pool
41%
Homestead exemption on file
92%
Median estimated property tax
$11,619 a year
Median effective tax rate
1.6%
Homes with a paid protest agent
28%
Streets where most homes are valued above similar homes
Street
Homes
Above similar homes
Median gap
CROSS TIMBERS DR
20
55%
+0.5%
CHAPEL HILL DR
25
52%
+0.9%
GREENWOOD CT
17
50%
-0.1%
LAKEMERE DR
16
25%
-1.5%
Streets with at least 10 homes we could compare. "Median gap": how far the street's typical house value is from its comparables' median.
How to protest
The protest deadline is May 15, or 30 days after your appraisal notice was mailed, whichever is later. Check the date on your notice. New to this? Read how to protest.
Based on 2026 appraisal values and protest outcomes from the Collin Central Appraisal District. Estimates, not promises: every protest is decided on its own evidence.