Collin County Property Tax Rate
As mentioned, Collin County property tax rates are the 15th highest in Texas, with an average effective rate of 1.92%. That’s higher than Travis County and the state’s overall average of 1.83%, but lower than counties like Tarrant, Harris, Bexar and Dallas. A large amount of the cost likely comes from school districts in Collin County needing significant funding, particularly in Plano, TX.
How Are Collin County Property Tax Rates Determined?
It is the job of the Collin Central Appraisal District (CCAD) to value all of the personal property in the Collin County Appraisal District. From sale verification to statements on closing, CCAD collects a variety of data when performing their assessments, all of which are detailed in their report on how property is appraised. If residents disagree with the figures set for their personal property, they have the opportunity to submit a formal protest. All the information is then submitted to the tax assessor-collector for each local taxing authority. The authorities then use these assessments to determine the tax bills for residents. It is then the tax assessor’s job to assess and collect all Collin County property taxes.
Collin County Property Tax Due Dates
Many residents want to know when property taxes are due in Texas, including in Collin County. Texas property taxes are always due by January 31st. After that, the fees and penalties start racking up, and you enter delinquency. Other dates noted by the tax assessor-collector and the Collin Central Appraisal District:
- The Collin County property tax rate is set for the year on January 1st, at which time a tax lien is attached to all personal property to secure payment.
- Tax bills go out in October and can be paid anytime after they’re received.
- A Notice of Appraised Value goes out around April 15th, and it includes the personal property owner’s deadline for protest (which can vary annually).
How to Pay Collin County Property Taxes
To pay a bill for property tax, Collin County residents have the following options:
- Pay in person at a Collin County Tax Assessor’s office in Frisco, Plano or McKinney, TX.
- Pay by mail (envelopes included with tax bills).
- Pay online via credit card, debit card or eCheck.
Collin County Property Tax Assistance and Exemptions
In Collin County, TX, property tax assistance is generally found in the form of exemptions. The most common of these is a homestead exemption, available to homeowners provided they’ve owned their residence since January 1st of the tax year. If you apply for and are granted a homestead exemption, your Collin County, TX property taxes will be lowered, as will the appraised value of your home. Other exemptions are based on age or disability. Bear in mind that not all applicants can receive an exemption — each case will be evaluated individually.
Dealing with Collin County Delinquent Property Taxes
The only way to stop the penalties and fees from piling up is to pay your bill. Otherwise, you’ll remain in delinquency. As with the rest of Texas, owing Collin County Delinquent taxes can put you in a massive amount of debt. The fastest way to get back on your feet is to seek out a property tax loan.