Lake Point property tax protests: 2026 data

62 homes in McKinney, Collin County (appraisal neighborhood S3311), compared with their most similar neighbors.

Updated October 12, 2026. Source: Collin Central Appraisal District, 2026 data. Methodology

single-family homes compared
62
valued above similar homes nearby
43%
look worth protesting in 2026
98%
of decided 2026 protests got a reduction
83%

43% of Lake Point homes are valued above similar homes nearby

We compared each of 62 single-family homes with its most similar neighbors (same neighborhood and quality, similar size and age). 43% have a house value above the median of those homes: together, $570,087 of house value above them. Texas lets you protest a value that is above the median of comparable homes.

Source: Collin Central Appraisal District, 2026

61 Lake Point homes look worth protesting in 2026

We rate 0 "Yes" and 61 "Maybe". If every one of them protested and got the reduction their comparables support, their owners could pay about $2,301 less in property tax a year.

Source: Collin Central Appraisal District, 2026

23% of Lake Point homeowners protested in 2026, and 83% of decided protests got a reduction

Of 62 Lake Point homeowners in our data, 14 protested their 2026 value; 10 of 12 decided protests lowered it, typically by $18,232 (3.2% of the value).

Source: Collin Central Appraisal District, 2026

Lake Point homeowners who protested on their own got bigger reductions than those who hired an agent: $24,295 vs. $9,175

The typical winning protest cut the value by 3.5% on your own vs. 1.4% with an agent.

On your own

$24,295

typical value cut among wins (3.5%)

Decided protests won
86%
Cost
$0–50
Off the yearly tax bill
about $326, all yours

With a paid agent

$9,175

typical value cut among wins (1.4%)

Decided protests won
80%
Cost
25–40% of the tax saved
Off the yearly tax bill
about $123, minus $31–$49 to the agent

Source: the Collin Central Appraisal District, 2026 protests. Tax figures at a typical 1.3% 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 1.3% tax rate, the typical win on your own takes about $326 a year off the tax bill, and you keep all of it. The typical agent win takes off about $123, and the agent keeps about $31–$49 of that. Filing is free, online or by mail, and there's no agent contract to renew or cancel each year.

Source: Collin Central Appraisal District, 2026

22 Lake Point 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.

Source: Collin Central Appraisal District, 2026

The typical Lake Point home's value rose 0.7% this year

Median change in appraised market value from last year.

Source: Collin Central Appraisal District, 2026

The typical Lake Point home pays about $8,390 a year in property tax

Our estimate from 2026 published tax rates and each home's exemptions: 1.3% of market value.

Source: Collin Central Appraisal District, 2026

6% of Lake Point 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).

Source: Collin Central Appraisal District, 2026

Is your home one of them?

Free, in about 10 seconds: how your home compares with similar homes nearby.

By the numbers

Single-family homes62
Median market value$604,895
Median change from last year+0.7%
Median value per sq ft$247
Median living area2,456 sq ft
Median lot8,765 sq ft
Median year built1998
Homes with a pool15%
Homestead exemption on file94%
Median estimated property tax$8,390 a year
Median effective tax rate1.3%
Homes with a paid protest agent11%

Streets where most homes are valued above similar homes

StreetHomesAbove similar homesMedian gap
LAKE POINT CIR5041%-0.8%

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.

Have a specific Texas address? Check it at taxprotesting.com/check?address=1234 Main St, Plano, TX with your own street address, or use the search box.

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.