Mustang Lakes property tax protests: 2026 data

728 homes in Celina, Collin County (appraisal neighborhood N11034C), compared with their most similar neighbors.

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

single-family homes compared
728
valued above similar homes nearby
48%
look worth protesting in 2026
92%
of decided 2026 protests got a reduction
82%

48% of Mustang Lakes homes are valued above similar homes nearby

We compared each of 728 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, $3.1 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

668 Mustang Lakes homes look worth protesting in 2026

We rate 54 "Yes" and 614 "Maybe". If every one of them protested and got the reduction their comparables support, their owners could pay about $61,345 less in property tax a year.

Source: Collin Central Appraisal District, 2026

51% of Mustang Lakes homeowners protested in 2026, and 82% of decided protests got a reduction

Of 728 Mustang Lakes homeowners in our data, 372 protested their 2026 value; 305 of 372 decided protests lowered it, typically by $12,874 (1.9% of the value).

Source: Collin Central Appraisal District, 2026

Mustang Lakes homeowners who protested on their own got bigger reductions than those who hired an agent: $24,911 vs. $12,235

The typical winning protest cut the value by 3.7% on your own vs. 1.7% with an agent.

On your own

$24,911

typical value cut among wins (3.7%)

Decided protests won
91%
Cost
$0–50
Off the yearly tax bill
about $433, all yours

With a paid agent

$12,235

typical value cut among wins (1.7%)

Decided protests won
80%
Cost
25–40% of the tax saved
Off the yearly tax bill
about $213, minus $53–$85 to the agent

Source: the Collin Central Appraisal District, 2026 protests. Tax figures at a typical 1.7% 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 1.7% tax rate, the typical win on your own takes about $433 a year off the tax bill, and you keep all of it. The typical agent win takes off about $213, and the agent keeps about $53–$85 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

170 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.

Source: Collin Central Appraisal District, 2026

The typical Mustang Lakes home's value fell 1.7% this year

Median change in appraised market value from last year.

Source: Collin Central Appraisal District, 2026

The typical Mustang Lakes home pays about $12,175 a year in property tax

Our estimate from 2026 published tax rates and each home's exemptions: 1.7% of market value.

Source: Collin Central Appraisal District, 2026

13% 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).

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 homes728
Median market value$693,581
Median change from last year-1.7%
Median value per sq ft$233
Median living area2,993 sq ft
Median lot6,228 sq ft
Median year built2020
Homes with a pool6%
Homestead exemption on file87%
Median estimated property tax$12,175 a year
Median effective tax rate1.7%
Homes with a paid protest agent44%

Streets where most homes are valued above similar homes

StreetHomesAbove similar homesMedian gap
ROSE RUN WAY1979%+0.5%
ECLIPSE PLACE4477%+1.2%
VAQUERO LN2171%+0.6%
NATIVE DANCER CT3266%+0.6%
BELMONT WAY1164%+1.4%
ROSECROFT CT2162%+0.2%
PEDIGREE CT3560%+0.1%
BELTERRA DR1859%+0.6%
SECRETARIAT PL1258%+0.5%
COLT LN1155%+0%

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.