693 homes in Melissa, Collin County (appraisal neighborhood N12275), compared with their most similar neighbors.
Updated October 12, 2026. Source: Collin Central Appraisal District, 2026 data. Methodology
single-family homes compared
693
valued above similar homes nearby
46%
look worth protesting in 2026
90%
of decided 2026 protests got a reduction
74%
46% of Liberty homes are valued above similar homes nearby
We compared each of 693 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, $1.7 million of house value above them. Texas lets you protest a value that is above the median of comparable homes.
We rate 11 "Yes" and 613 "Maybe". If every one of them protested and got the reduction their comparables support, their owners could pay about $38,321 less in property tax a year.
34% of Liberty homeowners protested in 2026, and 74% of decided protests got a reduction
Of 693 Liberty homeowners in our data, 237 protested their 2026 value; 102 of 138 decided protests lowered it, typically by $21,167 (2.9% of the value).
Liberty homeowners who protested on their own got bigger reductions than those who hired an agent: $29,802 vs. $19,757
The typical winning protest cut the value by 3.9% on your own vs. 2.8% with an agent.
On your own
$29,802
typical value cut among wins (3.9%)
Decided protests won
53%
Cost
$0–50
Off the yearly tax bill
about $471, all yours
With a paid agent
$19,757
typical value cut among wins (2.8%)
Decided protests won
81%
Cost
25–40% of the tax saved
Off the yearly tax bill
about $312, minus $78–$125 to the agent
Source: the Collin Central Appraisal District, 2026 protests. Tax figures at a typical 1.6% 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 1.6% tax rate, the typical win on your own takes about $471 a year off the tax bill, and you keep all of it. The typical agent win takes off about $312, and the agent keeps about $78–$125 of that. Filing is free, online or by mail, and there's no agent contract to renew or cancel each year.
205 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.
12% 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
693
Median market value
$637,575
Median change from last year
+1.4%
Median value per sq ft
$201
Median living area
3,045 sq ft
Median lot
7,841 sq ft
Median year built
2021
Homes with a pool
9%
Homestead exemption on file
88%
Median estimated property tax
$9,790 a year
Median effective tax rate
1.6%
Homes with a paid protest agent
30%
Streets where most homes are valued above similar homes
Street
Homes
Above similar homes
Median gap
FOXHALL ST
10
70%
+0.1%
CAPITOL PL
39
67%
+0.2%
BRAXTON DR
16
56%
+0%
GARRISON DR
45
53%
+0.1%
POTOMAC DR
27
52%
+0.1%
EAGLE CT
14
50%
+0.4%
CABELL DR
12
50%
+0%
BRANDYWINE DR
19
47%
-0.1%
JEFFERSON AVE
47
47%
-0.1%
PATTON DR
43
47%
-0.2%
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.