114 homes in Princeton, Collin County (appraisal neighborhood SPNR05-12), compared with their most similar neighbors.
Updated October 12, 2026. Source: Collin Central Appraisal District, 2026 data. Methodology
single-family homes compared
114
valued above similar homes nearby
50%
look worth protesting in 2026
45%
of decided 2026 protests got a reduction
83%
50% of Lakeridge Farms homes are valued above similar homes nearby
We compared each of 114 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, $1.4 million of house value above them. Texas lets you protest a value that is above the median of comparable homes.
51 Lakeridge Farms homes look worth protesting in 2026
We rate 29 "Yes" and 22 "Maybe". If every one of them protested and got the reduction their comparables support, their owners could pay about $9,566 less in property tax a year.
26% of Lakeridge Farms homeowners protested in 2026, and 83% of decided protests got a reduction
Of 114 Lakeridge Farms homeowners in our data, 30 protested their 2026 value; 25 of 30 decided protests lowered it, typically by $38,402 (4.4% of the value).
Lakeridge Farms homeowners who protested on their own got bigger reductions than those who hired an agent: $147,831 vs. $31,754
The typical winning protest cut the value by 9.3% on your own vs. 3.5% with an agent.
On your own
$147,831
typical value cut among wins (9.3%)
Decided protests won
67%
Cost
$0–50
Off the yearly tax bill
about $1,611, all yours
With a paid agent
$31,754
typical value cut among wins (3.5%)
Decided protests won
90%
Cost
25–40% of the tax saved
Off the yearly tax bill
about $346, minus $87–$138 to the agent
Source: the Collin Central Appraisal District, 2026 protests. Tax figures at a typical 1.1% 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 1.1% tax rate, the typical win on your own takes about $1,611 a year off the tax bill, and you keep all of it. The typical agent win takes off about $346, and the agent keeps about $87–$138 of that. Filing is free, online or by mail, and there's no agent contract to renew or cancel each year.
17 Lakeridge Farms 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.
24% of Lakeridge Farms 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
114
Median market value
$932,155
Median change from last year
+11.8%
Median value per sq ft
$294
Median living area
3,004 sq ft
Median lot
198,982 sq ft
Median year built
2010
Homes with a pool
30%
Homestead exemption on file
76%
Median estimated property tax
$9,541 a year
Median effective tax rate
1.1%
Homes with a paid protest agent
20%
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.