Princeton has $475.9M in new property values. File art

New construction will provide additional property tax revenue this year, according to 2026 certified estimated taxable values released by Collin Central Appraisal District (CCAD). 

“Collin County is still growing at a rapid pace as evidenced by the increase in new construction in most areas,” said Brian Swanson, deputy chief appraiser-business operations and compliance. “However, the year-over-year existing home values have decreased slightly. This will still result in a slightly upward trend for the taxing entities when we certify the values.”

The district mailed appraisal notices to property owners on April 15 and owners have until Friday, May 15 to file an appeal. Business personal property mailings are scheduled for mid-May. Certified values will be sent to taxing entities by the statutory date of July 25. 

CCAD estimated Collin County property values increased by 1.28% to $272.8 billion, with $7.9 billion in new property added to tax rolls as of April 24, 2026.

The average market value of a Collin County home in 2026 is $592,948 compared with $599,487 in 2025, CCAD estimated.

In the city of Princeton, CCAD data shows a 3.83% increase in total estimated taxable value, from $4.9 billion to $5.1 billion with $475.9 million in new construction. 

Yet the 2026 estimated average market value of a home in Princeton is $312,468, a decline from last year’s value of $327,644.

Princeton Independent School District had a 4.59% increase in taxable value to $5.7 billion. Of the increase, $619.9 million was in new construction. The average market value of a home within the PISD was $303,792, down from $317,161 in 2023.

In nearby Lowry Crossing, the estimated taxable property value was $396 million, a 5.94% increase with $14.5 million of new property. The estimated average value of a home in Lowry Crossing in 2026 is $433284, up from $415,728 last year.

In the city of Farmersville, CCAD estimated the total property value increased 2.19% to $539 million, up from $527.5 million in 2025. There was $11.0 million in new construction in the city and the average home value is estimated at $266,472, up from $262.407 in 2025.

In New Hope, the total estimated value of property is $113.0 million, an 8.62% increase from $104.0 million in 2025. New construction is valued at $5.4 million. This year’s average home value in New Hope is estimated at $407,836, up from $393,490 in 2025.

Rural property in the new Collin County Emergency Services District #1 was estimated for the first time at $15.5 billion with the average market value of a house at $425,791. ESD commissioners will set a tax rate later this year after holding public hearings.  

Property owners have until Friday, May 15, to file a tax protest. 

Residents can file online at efileprotest.collincad.org, by mail or by dropping off their form at the CCAD customer service counter, 250 Eldorado Parkway, McKinney, 75069.

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