Dallas City Wire

Property owners in Collin County paid 2.3% of the value of their homes in property taxes in the second quarter of 2023, which is more than 2.1 times the national average, according to the real estate analysis posted by Dallas City Wire.

The median sales price of a Collin County home in the second quarter of 2023 was $321,637, based on data from the 3,444 properties sold during that time. In 2023, the median tax bill for the county was $7,364, which is 2.3% of the median value of the homes that were taxed.

This is 2.1 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 Sachse, St. Paul, and Wylie paid the highest rates.

The above article calculates the effective property tax rate for 2023 using estimated inflation values and 2019 tax data provided by the county. In some cases, the actual effective property tax rate may vary slightly.

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

City	Q2 2023 Sales	Q2 2023 Median Price	Median tax 2023	Effective tax rate
Sachse	23	$305,782	$8,766	2.9%
St. Paul	3	$245,700	$7,153	2.9%
Wylie	140	$258,846	$7,148	2.8%
Princeton	64	$224,601	$5,867	2.6%
Melissa	17	$271,943	$6,978	2.6%
Josephine	17	$200,749	$5,120	2.6%
Frisco	281	$350,000	$8,673	2.5%
Allen	402	$317,632	$7,885	2.5%
Prosper	111	$490,230	$12,432	2.5%
Richardson	98	$346,855	$8,294	2.4%
Anna	96	$239,582	$5,810	2.4%
McKinney	687	$328,177	$7,656	2.3%
Murphy	42	$380,932	$8,938	2.3%
Celina	32	$364,433	$8,345	2.3%
Plano	847	$300,291	$6,752	2.2%
Fairview	78	$382,502	$8,303	2.2%
Lavon	28	$280,470	$6,033	2.2%
Dallas	182	$376,520	$6,680	1.8%
Lucas	26	$747,945	$13,319	1.8%
Lowry Crossing	7	$295,000	$5,373	1.8%
Nevada	2	$337,345	$5,677	1.7%
Farmersville	2	$253,286	$4,327	1.7%
Parker	13	$924,293	$13,105	1.4%
Royse City	21	$240,959	$699	0.3%