430 homes in Grand Prairie, Dallas County (appraisal neighborhood 4PSM18), compared with their most similar neighbors.
Updated October 12, 2026. Source: Dallas Central Appraisal District, 2026 data. Methodology
single-family homes compared
430
valued above similar homes nearby
46%
look worth protesting in 2026
91%
of decided 2026 protests got a reduction
56%
46% of Lake Parks homes are valued above similar homes nearby
We compared each of 430 single-family homes with its most similar neighbors (same neighborhood and quality, similar size and age). 46% have a house value above the median of those homes: together, $1.8 million of house value above them. Texas lets you protest a value that is above the median of comparable homes.
32% of Lake Parks homeowners protested in 2026, and 56% of decided protests got a reduction
Of 430 Lake Parks homeowners in our data, 136 protested their 2026 value; 76 of 136 decided protests lowered it, typically by $10,605 (3.4% of the value).
Lake Parks homeowners who hired an agent got a typical reduction of $11,875; on their own, $9,640
The typical winning protest cut the value by 4% on your own vs. 3.4% with an agent.
On your own
$9,640
typical value cut among wins (4%)
Decided protests won
56%
Cost
$0–50
Off the yearly tax bill
about $140, all yours
With a paid agent
$11,875
typical value cut among wins (3.4%)
Decided protests won
56%
Cost
25–40% of the tax saved
Off the yearly tax bill
about $172, minus $43–$69 to the agent
Source: the Dallas Central Appraisal District, 2026 protests. Tax figures at a typical 1.5% 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 1.5% Texas tax rate, the typical win on your own takes about $140 a year off the tax bill, and you keep all of it. The typical agent win takes off about $172, and the agent keeps about $43–$69 of that. Filing is free, online or by mail, and there's no agent contract to renew or cancel each year.
162 Lake Parks 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.
The typical Texas home pays about $7,106 a year in property tax
Our estimate from 2026 published tax rates and each home's exemptions: 1.5% of market value. (The Dallas Central Appraisal District doesn't publish tax rates with its data, so this uses our Texas data.)
32% of Lake Parks 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
430
Median market value
$352,575
Median change from last year
+0%
Median value per sq ft
$146
Median living area
2,383 sq ft
Median lot
6,600 sq ft
Median year built
2005
Homes with a pool
3%
Homestead exemption on file
68%
Homes with a paid protest agent
28%
Streets where most homes are valued above similar homes
Street
Homes
Above similar homes
Median gap
NUECES LN
12
67%
+1.7%
MONTAGUE LN
20
65%
+0.3%
MATAGORDA CT
11
64%
+1%
FREESTONE DR
18
61%
+0.8%
KLEBERG DR
17
59%
+0.2%
THROCKMORTON DR
12
58%
+0.4%
FORT BEND DR
19
58%
+0.7%
DUVAL DR
16
56%
+0.3%
SABINE LN
22
50%
+0%
CAMERON DR
27
48%
+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 Dallas Central Appraisal District. Estimates, not promises: every protest is decided on its own evidence.