194 homes in Princeton, Collin County (appraisal neighborhood M4401), compared with their most similar neighbors.
Updated October 12, 2026. Source: Collin Central Appraisal District, 2026 data. Methodology
single-family homes compared
194
valued above similar homes nearby
49%
look worth protesting in 2026
60%
of decided 2026 protests got a reduction
0%
49% of Princeton homes are valued above similar homes nearby
We compared each of 194 single-family homes with its most similar neighbors (same neighborhood and quality, similar size and age). 49% have a house value above the median of those homes: together, $120,955 of house value above them. Texas lets you protest a value that is above the median of comparable homes.
We rate 3 "Yes" and 113 "Maybe". If every one of them protested and got the reduction their comparables support, their owners could pay about $5,005 less in property tax a year.
61 Princeton 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.
85% of Princeton 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
194
Median market value
$31,378
Median change from last year
-2.1%
Median value per sq ft
$26
Median living area
1,216 sq ft
Median year built
1999
Homes with a pool
0%
Homestead exemption on file
15%
Median estimated property tax
$554 a year
Median effective tax rate
1.9%
Homes with a paid protest agent
1%
Streets where most homes are valued above similar homes
Street
Homes
Above similar homes
Median gap
MEADOW TRL
35
65%
+1.1%
QUAIL LN
27
54%
+0.9%
COLLIN CIR
100
47%
+0%
TOWN SQ
31
35%
+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.
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.