Neighborhood M5081 property tax protests: 2026 data

14 homes in Princeton, Collin County (appraisal neighborhood M5081), compared with their most similar neighbors.

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

single-family homes compared
14
valued above similar homes nearby
50%
look worth protesting in 2026
29%
median value change from last year
-12.1%

50% of Neighborhood M5081 homes are valued above similar homes nearby

We compared each of 14 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, $18,994 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

4 Neighborhood M5081 homes look worth protesting in 2026

We rate 0 "Yes" and 4 "Maybe". If every one of them protested and got the reduction their comparables support, their owners could pay about $157 less in property tax a year.

Source: Collin Central Appraisal District, 2026

6 Neighborhood M5081 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 Neighborhood M5081 home's value fell 12.1% this year

Median change in appraised market value from last year.

Source: Collin Central Appraisal District, 2026

The typical Neighborhood M5081 home pays about $919 a year in property tax

Our estimate from 2026 published tax rates and each home's exemptions: 1.5% of market value.

Source: Collin Central Appraisal District, 2026

57% of Neighborhood M5081 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 homes14
Median market value$64,964
Median change from last year-12.1%
Median value per sq ft$57
Median living area1,148 sq ft
Median year built2019
Homes with a pool0%
Homestead exemption on file43%
Median estimated property tax$919 a year
Median effective tax rate1.5%
Homes with a paid protest agent0%

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.