Palisades Town Central property tax protests: 2026 data
42 homes in Richardson, Collin County (appraisal neighborhood S10820), compared with their most similar neighbors.
Updated October 12, 2026. Source: Collin Central Appraisal District, 2026 data. Methodology
single-family homes compared
42
valued above similar homes nearby
55%
look worth protesting in 2026
95%
of decided 2026 protests got a reduction
56%
55% of Palisades Town Central homes are valued above similar homes nearby
We compared each of 42 single-family homes with its most similar neighbors (same neighborhood and quality, similar size and age). 55% have a house value above the median of those homes: together, $69,917 of house value above them. Texas lets you protest a value that is above the median of comparable homes.
40 Palisades Town Central homes look worth protesting in 2026
We rate 0 "Yes" and 40 "Maybe". If every one of them protested and got the reduction their comparables support, their owners could pay about $1,255 less in property tax a year.
38% of Palisades Town Central homeowners protested in 2026, and 56% of decided protests got a reduction
Of 42 Palisades Town Central homeowners in our data, 16 protested their 2026 value; 9 of 16 decided protests lowered it, typically by $2,314 (0.4% of the value).
13 Palisades Town Central 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.
29% of Palisades Town Central 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
42
Median market value
$592,791
Median change from last year
-7.9%
Median value per sq ft
$264
Median living area
2,243 sq ft
Median lot
2,433 sq ft
Median year built
2019
Homes with a pool
0%
Homestead exemption on file
71%
Median estimated property tax
$9,413 a year
Median effective tax rate
1.6%
Homes with a paid protest agent
38%
Streets where most homes are valued above similar homes
Street
Homes
Above similar homes
Median gap
CATHEDRAL DR
14
86%
+0.7%
COLLINS BLVD
11
55%
+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.
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.