28 homes in Lucas, Collin County (appraisal neighborhood N13246), compared with their most similar neighbors.
50% of Enchanted Creek homes are valued above similar homes nearby
We compared each of 28 single-family homes with its most similar neighbors (same neighborhood and quality, similar size and age). 50% have a house value above the median of those homes: together, $1.3 million of house value above them. Texas lets you protest a value that is above the median of comparable homes.
Link to this findingSource: Collin Central Appraisal District, 2026
6 Enchanted Creek homes look worth protesting in 2026
We rate 3 "Yes" and 3 "Maybe". If every one of them protested and got the reduction their comparables support, their owners could pay about $18,797 less in property tax a year.
Link to this findingSource: Collin Central Appraisal District, 2026
75% of Enchanted Creek homeowners protested in 2026, and 45% of decided protests got a reduction
Of 28 Enchanted Creek homeowners in our data, 21 protested their 2026 value; 9 of 20 decided protests lowered it, typically by $135,823 (28.5% of the value).
Link to this findingSource: Collin Central Appraisal District, 2026
Enchanted Creek homeowners who hired an agent got a typical reduction of $141,117; on their own, $71,617
The typical winning protest cut the value by 28.5% on your own vs. 30.4% with an agent.
On your own
$71,617
typical value cut among wins (28.5%)
- Decided protests won
- 56%
- Cost
- $0–50
- Off the yearly tax bill
- about $1,089, all yours
With a paid agent
$141,117
typical value cut among wins (30.4%)
- Decided protests won
- 36%
- Cost
- 25–40% of the tax saved
- Off the yearly tax bill
- about $2,145, minus $536–$858 to the agent
Source: the Collin Central Appraisal District, 2026 protests. Tax figures at a typical 1.5% 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 1.5% tax rate, the typical win on your own takes about $1,089 a year off the tax bill, and you keep all of it. The typical agent win takes off about $2,145, and the agent keeps about $536–$858 of that. Filing is free, online or by mail, and there's no agent contract to renew or cancel each year.
Link to this findingSource: Collin Central Appraisal District, 2026
2 Enchanted Creek 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.
Link to this findingSource: Collin Central Appraisal District, 2026
The typical Enchanted Creek home's value rose 92.7% this year
Median change in appraised market value from last year.
Link to this findingSource: Collin Central Appraisal District, 2026
The typical Enchanted Creek home pays about $4,398 a year in property tax
Our estimate from 2026 published tax rates and each home's exemptions: 1.5% of market value.
Link to this findingSource: Collin Central Appraisal District, 2026
89% of Enchanted Creek 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).
Link to this findingSource: Collin Central Appraisal District, 2026
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.