325 homes in Melissa, Collin County (appraisal neighborhood N12308), compared with their most similar neighbors.
Updated October 12, 2026. Source: Collin Central Appraisal District, 2026 data. Methodology
single-family homes compared
325
valued above similar homes nearby
46%
look worth protesting in 2026
98%
of decided 2026 protests got a reduction
91%
46% of Legacy Ranch homes are valued above similar homes nearby
We compared each of 325 single-family homes with its most similar neighbors (same neighborhood and quality, similar size and age). 46% have a house value above the median of those homes: together, $981,911 of house value above them. Texas lets you protest a value that is above the median of comparable homes.
317 Legacy Ranch homes look worth protesting in 2026
We rate 29 "Yes" and 288 "Maybe". If every one of them protested and got the reduction their comparables support, their owners could pay about $16,682 less in property tax a year.
41% of Legacy Ranch homeowners protested in 2026, and 91% of decided protests got a reduction
Of 325 Legacy Ranch homeowners in our data, 133 protested their 2026 value; 78 of 86 decided protests lowered it, typically by $9,077 (1.6% of the value).
Legacy Ranch homeowners who protested on their own got bigger reductions than those who hired an agent: $13,564 vs. $8,797
The typical winning protest cut the value by 2.3% on your own vs. 1.6% with an agent.
On your own
$13,564
typical value cut among wins (2.3%)
Decided protests won
63%
Cost
$0–50
Off the yearly tax bill
about $208, all yours
With a paid agent
$8,797
typical value cut among wins (1.6%)
Decided protests won
97%
Cost
25–40% of the tax saved
Off the yearly tax bill
about $135, minus $34–$54 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 $208 a year off the tax bill, and you keep all of it. The typical agent win takes off about $135, and the agent keeps about $34–$54 of that. Filing is free, online or by mail, and there's no agent contract to renew or cancel each year.
84 Legacy Ranch 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.
18% of Legacy Ranch 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
325
Median market value
$540,406
Median change from last year
-2.3%
Median value per sq ft
$176
Median living area
3,236 sq ft
Median lot
7,200 sq ft
Median year built
2022
Homes with a pool
3%
Homestead exemption on file
82%
Median estimated property tax
$8,521 a year
Median effective tax rate
1.5%
Homes with a paid protest agent
37%
Streets where most homes are valued above similar homes
Street
Homes
Above similar homes
Median gap
RIDGEHURST RD
47
56%
+0.3%
LEGACY RANCH DR
20
55%
+0.1%
EMBERS LN
19
53%
+0.2%
RANCHWOOD DR
30
52%
+0%
GENTLE KNOLL DR
10
50%
+0.1%
CEDAR CREEK DR
45
50%
+0%
MESA VERDE LN
10
50%
-0.1%
VISTA RIDGE RD
31
42%
-0.1%
PECAN GLEN DR
22
40%
-0.1%
HICKORY CHASE LN
24
38%
-0.5%
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.