526 homes in Melissa, Collin County (appraisal neighborhood N8364), compared with their most similar neighbors.
Updated October 12, 2026. Source: Collin Central Appraisal District, 2026 data. Methodology
single-family homes compared
526
valued above similar homes nearby
53%
look worth protesting in 2026
98%
of decided 2026 protests got a reduction
81%
53% of Liberty homes are valued above similar homes nearby
We compared each of 526 single-family homes with its most similar neighbors (same neighborhood and quality, similar size and age). 53% have a house value above the median of those homes: together, $2.7 million of house value above them. Texas lets you protest a value that is above the median of comparable homes.
We rate 5 "Yes" and 511 "Maybe". If every one of them protested and got the reduction their comparables support, their owners could pay about $48,246 less in property tax a year.
Liberty homeowners who protested on their own got bigger reductions than those who hired an agent: $20,766 vs. $15,586
The typical winning protest cut the value by 4.4% on your own vs. 3.4% with an agent.
On your own
$20,766
typical value cut among wins (4.4%)
Decided protests won
73%
Cost
$0–50
Off the yearly tax bill
about $309, all yours
With a paid agent
$15,586
typical value cut among wins (3.4%)
Decided protests won
84%
Cost
25–40% of the tax saved
Off the yearly tax bill
about $232, minus $58–$93 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 $309 a year off the tax bill, and you keep all of it. The typical agent win takes off about $232, and the agent keeps about $58–$93 of that. Filing is free, online or by mail, and there's no agent contract to renew or cancel each year.
220 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.
20% 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
526
Median market value
$471,812
Median change from last year
-3.1%
Median value per sq ft
$166
Median living area
2,865 sq ft
Median lot
12,960 sq ft
Median year built
2008
Homes with a pool
12%
Homestead exemption on file
80%
Median estimated property tax
$7,329 a year
Median effective tax rate
1.5%
Homes with a paid protest agent
19%
Streets where most homes are valued above similar homes
Street
Homes
Above similar homes
Median gap
REVERE DR
10
90%
+4.4%
PIONEER DR
30
83%
+2.1%
PILGRIM DR
16
80%
+2%
EAST GRAVES ST
16
75%
+1.4%
ADAMS DR
19
74%
+3.4%
HERITAGE DR
11
73%
+2.2%
EISENHOWER AVE
22
71%
+1.8%
ELLSWORTH AVE
24
71%
+2.7%
PATTON DR
10
70%
+1.3%
HAMILTON DR
13
69%
+1.3%
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.