22 homes in Celina, Collin County (appraisal neighborhood N11034), compared with their most similar neighbors.
Updated October 12, 2026. Source: Collin Central Appraisal District, 2026 data. Methodology
single-family homes compared
22
valued above similar homes nearby
54%
look worth protesting in 2026
59%
of decided 2026 protests got a reduction
63%
54% of Mustang Lakes homes are valued above similar homes nearby
We compared each of 22 single-family homes with its most similar neighbors (same neighborhood and quality, similar size and age). 54% have a house value above the median of those homes: together, $162,453 of house value above them. Texas lets you protest a value that is above the median of comparable homes.
13 Mustang Lakes homes look worth protesting in 2026
We rate 0 "Yes" and 13 "Maybe". If every one of them protested and got the reduction their comparables support, their owners could pay about $2,768 less in property tax a year.
36% of Mustang Lakes homeowners protested in 2026, and 63% of decided protests got a reduction
Of 22 Mustang Lakes homeowners in our data, 8 protested their 2026 value; 5 of 8 decided protests lowered it, typically by $63,242 (2.4% of the value).
6 Mustang Lakes 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.
41% of Mustang Lakes 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
22
Median market value
$2,575,448
Median change from last year
-2%
Median value per sq ft
$487
Median living area
5,576 sq ft
Median lot
49,232 sq ft
Median year built
2021
Homes with a pool
64%
Homestead exemption on file
59%
Median estimated property tax
$49,030 a year
Median effective tax rate
1.9%
Homes with a paid protest agent
32%
Streets where most homes are valued above similar homes
Street
Homes
Above similar homes
Median gap
AMERICAN PHAROAH WAY
15
50%
-0.3%
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.