21,589 single-family homes in Collin County, compared with their most similar neighbors.
29% of Princeton homes are valued above similar homes nearby
We compared each of 21,589 single-family homes with its most similar neighbors (same neighborhood and quality, similar size and age). 29% have a house value above the median of those homes: together, $60.3 million of house value above them. Texas lets you protest a value that is above the median of comparable homes.
Link to this findingSource: Collin Central Appraisal District, 2026
14,505 Princeton homes look worth protesting in 2026
We rate 3,680 "Yes" and 10,825 "Maybe". If every one of them protested and got the reduction their comparables support, their owners could pay about $703,437 less in property tax a year.
Link to this findingSource: Collin Central Appraisal District, 2026
24% of Princeton homeowners protested in 2026, and 63% of decided protests got a reduction
Of 21,589 Princeton homeowners in our data, 5,090 protested their 2026 value; 3,185 of 5,072 decided protests lowered it, typically by $6,531 (2.5% of the value).
Link to this findingSource: Collin Central Appraisal District, 2026
Princeton homeowners who protested on their own got bigger reductions than those who hired an agent: $11,436 vs. $6,086
The typical winning protest cut the value by 7.4% on your own vs. 2.2% with an agent.
On your own
$11,436
typical value cut among wins (7.4%)
- Decided protests won
- 52%
- Cost
- $0–50
- Off the yearly tax bill
- about $175, all yours
With a paid agent
$6,086
typical value cut among wins (2.2%)
- Decided protests won
- 65%
- Cost
- 25–40% of the tax saved
- Off the yearly tax bill
- about $93, minus $23–$37 to the agent
Source: the Collin 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% tax rate, the typical win on your own takes about $175 a year off the tax bill, and you keep all of it. The typical agent win takes off about $93, and the agent keeps about $23–$37 of that. Filing is free, online or by mail, and there's no agent contract to renew or cancel each year.
Link to this findingSource: Collin Central Appraisal District, 2026
4,354 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.
Link to this findingSource: Collin Central Appraisal District, 2026
The typical Princeton home's value fell 6% this year
Median change in appraised market value from last year.
Link to this findingSource: Collin Central Appraisal District, 2026
The typical Princeton home pays about $4,459 a year in property tax
Our estimate from 2026 published tax rates and each home's exemptions: 1.5% of market value.
Link to this findingSource: Collin Central Appraisal District, 2026
45% 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).
Link to this findingSource: Collin Central Appraisal District, 2026
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.