Light Farms Laurel Neighborhood property tax protests: 2026 data

315 homes in Prosper, Collin County (appraisal neighborhood N12419), compared with their most similar neighbors.

Updated October 12, 2026. Source: Collin Central Appraisal District, 2026 data. Methodology

single-family homes compared
315
valued above similar homes nearby
48%
look worth protesting in 2026
98%
of decided 2026 protests got a reduction
78%

48% of Light Farms Laurel Neighborhood homes are valued above similar homes nearby

We compared each of 315 single-family homes with its most similar neighbors (same neighborhood and quality, similar size and age). 48% have a house value above the median of those homes: together, $1.2 million of house value above them. Texas lets you protest a value that is above the median of comparable homes.

Source: Collin Central Appraisal District, 2026

309 Light Farms Laurel Neighborhood homes look worth protesting in 2026

We rate 110 "Yes" and 199 "Maybe". If every one of them protested and got the reduction their comparables support, their owners could pay about $23,918 less in property tax a year.

Source: Collin Central Appraisal District, 2026

61% of Light Farms Laurel Neighborhood homeowners protested in 2026, and 78% of decided protests got a reduction

Of 315 Light Farms Laurel Neighborhood homeowners in our data, 192 protested their 2026 value; 63 of 81 decided protests lowered it, typically by $41,558 (5.2% of the value).

Source: Collin Central Appraisal District, 2026

Light Farms Laurel Neighborhood homeowners who hired an agent got a typical reduction of $44,771; on their own, $35,183

The typical winning protest cut the value by 5.2% on your own vs. 5.4% with an agent.

On your own

$35,183

typical value cut among wins (5.2%)

Decided protests won
47%
Cost
$0–50
Off the yearly tax bill
about $721, all yours

With a paid agent

$44,771

typical value cut among wins (5.4%)

Decided protests won
85%
Cost
25–40% of the tax saved
Off the yearly tax bill
about $918, minus $229–$367 to the agent

Source: the Collin Central Appraisal District, 2026 protests. Tax figures at a typical 2.1% 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 2.1% tax rate, the typical win on your own takes about $721 a year off the tax bill, and you keep all of it. The typical agent win takes off about $918, and the agent keeps about $229–$367 of that. Filing is free, online or by mail, and there's no agent contract to renew or cancel each year.

Source: Collin Central Appraisal District, 2026

52 Light Farms Laurel Neighborhood 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.

Source: Collin Central Appraisal District, 2026

The typical Light Farms Laurel Neighborhood home's value rose 7.3% this year

Median change in appraised market value from last year.

Source: Collin Central Appraisal District, 2026

The typical Light Farms Laurel Neighborhood home pays about $15,580 a year in property tax

Our estimate from 2026 published tax rates and each home's exemptions: 2.1% of market value.

Source: Collin Central Appraisal District, 2026

17% of Light Farms Laurel Neighborhood 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).

Source: Collin Central Appraisal District, 2026

Is your home one of them?

Free, in about 10 seconds: how your home compares with similar homes nearby.

By the numbers

Single-family homes315
Median market value$760,516
Median change from last year+7.3%
Median value per sq ft$246
Median living area3,174 sq ft
Median lot6,568 sq ft
Median year built2023
Homes with a pool3%
Homestead exemption on file83%
Median estimated property tax$15,580 a year
Median effective tax rate2.1%
Homes with a paid protest agent58%

Streets where most homes are valued above similar homes

StreetHomesAbove similar homesMedian gap
IDLEWOOD LN1462%+0.4%
CARLISLE DR3060%+0.2%
BARKSDALE CT1258%+0.1%
BLACKWOOD ST2357%+0.1%
BANDERA DR2250%+0%
CARLISLE CT1350%+0%
MONTGOMERY LN6549%+0%
WIMBERLEY DR5145%+0%
VERMILLION DR2536%-0.2%
FALL MEADOW DR1233%-0.1%

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.

Have a specific Texas address? Check it at taxprotesting.com/check?address=1234 Main St, Plano, TX with your own street address, or use the search box.

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.