507 homes in Melissa, Collin County (appraisal neighborhood N10623), compared with their most similar neighbors.
Updated October 12, 2026. Source: Collin Central Appraisal District, 2026 data. Methodology
single-family homes compared
507
valued above similar homes nearby
50%
look worth protesting in 2026
92%
of decided 2026 protests got a reduction
85%
50% of Liberty homes are valued above similar homes nearby
We compared each of 507 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, $1.7 million of house value above them. Texas lets you protest a value that is above the median of comparable homes.
We rate 1 "Yes" and 466 "Maybe". If every one of them protested and got the reduction their comparables support, their owners could pay about $32,714 less in property tax a year.
Liberty homeowners who protested on their own got bigger reductions than those who hired an agent: $10,474 vs. $7,543
The typical winning protest cut the value by 2.1% on your own vs. 1.6% with an agent.
On your own
$10,474
typical value cut among wins (2.1%)
Decided protests won
50%
Cost
$0–50
Off the yearly tax bill
about $157, all yours
With a paid agent
$7,543
typical value cut among wins (1.6%)
Decided protests won
88%
Cost
25–40% of the tax saved
Off the yearly tax bill
about $113, minus $28–$45 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 $157 a year off the tax bill, and you keep all of it. The typical agent win takes off about $113, and the agent keeps about $28–$45 of that. Filing is free, online or by mail, and there's no agent contract to renew or cancel each year.
184 Liberty 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.
14% of Liberty 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
507
Median market value
$486,218
Median change from last year
-6.6%
Median value per sq ft
$187
Median living area
2,670 sq ft
Median lot
7,200 sq ft
Median year built
2017
Homes with a pool
12%
Homestead exemption on file
86%
Median estimated property tax
$7,422 a year
Median effective tax rate
1.5%
Homes with a paid protest agent
21%
Streets where most homes are valued above similar homes
Street
Homes
Above similar homes
Median gap
CONCORD DR
25
88%
+1.8%
BRITTANY AVE
19
74%
+0.8%
WASHINGTON DR
27
73%
+1.2%
TERRY CT
17
65%
+0.2%
JERSEY RD
32
56%
+0.3%
TERRY AVE
47
55%
+0.3%
SARATOGA DR
29
52%
+0.1%
JACKSON DR
30
50%
+0.1%
MORGAN CT
19
50%
+0%
YORKTOWN DR
30
43%
-0.4%
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.