Dallas City Wire

Property owners in Collin County paid 2% of the value of their homes in property taxes in the first quarter of 2023, which is more than 1.8 times the national average, according to the real estate analysis posted by the Dallas City Wire.

The median sales price of a Collin County home in the first quarter of 2023 was $313,389, based on data from the 3,704 properties sold during that time. In 2019 the median tax bill for the county was $6,188, which is 2% of the median value of the homes that were taxed.

This is 1.8 times higher than the average effective property tax rate of 1.11% in the U.S. in 2023.

The analysis of Collin County real estate data showed homeowners in Melissa, Sachse, and St. Paul paid the highest rates.

The following table compares Melissa with some other cities belonging to Collin County by their median effective property tax rate, calculated using sales and property tax data from the first quarter of 2023.

City	Q1 2023 Sales	Q1 2023 Median Price	Median tax 2023	Effective tax rate
Melissa	11	$213,933	$6,978	3.3%
Sachse	35	$282,425	$8,766	3.1%
St. Paul	3	$250,595	$7,153	2.9%
Princeton	82	$210,735	$5,867	2.8%
Prosper	94	$439,519	$12,432	2.8%
Wylie	165	$259,882	$7,148	2.8%
Anna	79	$214,485	$5,810	2.7%
Celina	31	$323,315	$8,345	2.6%
Lavon	21	$233,551	$6,033	2.6%
Allen	390	$320,758	$7,885	2.5%
McKinney	703	$306,246	$7,656	2.5%
Richardson	96	$327,551	$8,294	2.5%
Frisco	379	$362,209	$8,673	2.4%
Murphy	79	$368,000	$8,938	2.4%
Josephine	14	$212,546	$5,120	2.4%
Plano	985	$312,100	$6,752	2.2%
Fairview	51	$377,333	$8,303	2.2%
Lucas	21	$669,270	$13,319	2%
Parker	20	$660,135	$13,105	2%
Lowry Crossing	7	$265,224	$5,373	2%
Nevada	5	$282,653	$5,677	2%
Garland	2	$231,525	$4,368	1.9%
Dallas	141	$378,903	$6,680	1.8%
New Hope	3	$279,673	$3,983	1.4%
Farmersville	3	$363,574	$4,327	1.2%
Westminster	1	$320,146	$2,815	0.9%
Blue Ridge	3	$273,043	$1,981	0.7%
Royse City	12	$238,122	$699	0.3%