Melissa, Collin County, Texas Property Taxes
Property Taxes in Melissa, Texas
Median Melissa, Texas effective property tax rate: 1.59%, significantly higher than the national median of 1.02%, and higher than the Texas state median of 1.48%.
Median Melissa, Texas home value: $413,303
Median annual Melissa, Texas tax bill: $6,099, $3,699 higher than the national median property tax bill of $2,400.
How are property taxes in Collin calculated?
Property taxes in Melissa, Texas are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.
Understanding Melissa's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Melissa, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Melissa, Collin County, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.59%
Estimate Property Tax Bill
$6,572
$6,098
$774
Average Annual Tax Savings
How Does the Melissa Property Tax Calculator Work?
Use this Melissa property tax calculator to estimate your annual tax bill. Enter your property's assessed value and our calculator applies Melissa's median effective tax rate of 1.59% — based on actual property records in Collin County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local appraisal district uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Melissa's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Your bill may vary by ZIP code within Melissa: rates range from 1.59% in 75454 to 1.59% in 75454, primarily due to differences in school district levies and local assessment districts.
If your estimate is higher than expected, Ownwell can appeal your Melissa assessment — you only pay if we save you money.
About Melissa Property Taxes
About Property Taxes in Melissa, Collin, Texas
Melissa’s median effective property tax rate of 1.59% is higher than the Texas state median of 1.48% and higher than the national median of 1.02%. This rate reflects the Collin County base levy combined with local school district levies and Municipal Utility Districts (MUDs) that vary by subdivision throughout the city.
Property tax rates are not uniform across Melissa. Homeowners in the 75454 ZIP code carry a median effective rate of 1.59%, while those in the same ZIP also pay 1.59%. This spread reflects how school district boundaries and local assessment districts are drawn across Collin County. Understanding which part of Melissa you live in can make a meaningful difference to your annual tax bill.
Melissa homeowners who believe their assessed value is too high can file a formal appeal with the local Appraisal District before the May 15, 2026 deadline each year.
If your estimated bill above seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.
Property Tax Rates Across Melissa, Collin County, Texas
As noted earlier, local government entities set tax rates, which can vary widely within a state.
Why? Because annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate.
While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.
Below, you can compare Melissa's effective property tax rate to other cities in Texas and the median property tax rates in Texas and the U.S.
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Melissa Tax Rate
1.59%
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Collin County Tax Rate
1.30%
Median Effective Texas Tax Rate
1.48%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Melissa, Collin County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 75454 | 1.03% | 1.24% | 1.59% | 1.94% | 1.94% |
Source: Ownwell
$774
Average Annual Tax Savings
Save on Your Property Taxes and More With Ownwell
Property Tax Assessment Values Across Melissa, Collin County, Texas
When examining property taxes in Melissa, Texas, understanding the distinction between "market value" and "assessed value" is crucial.
The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Collin County appraisal district estimates the market value for tax purposes.
The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.
Assessment notices:
In Collin County, assessment notices are sent in April each year. They'll typically reach your mailbox by the middle of April.
Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. For example, the median home price in Melissa is $413,303, with tax bills ranging significantly across the county. ZIP code 75454 has the highest median home price at $413,303.
Property Tax Assessment Values Across Melissa, Collin County, Texas
Source: Ownwell
$199,403
$641,044
$1,082,685
Median Melissa Market Value
$413,303
Median Collin County Market Value
$466,000
Median Texas Market Value
$258,851
Median United States Market Value
$235,294
Property Tax Assessment Values Across Melissa, Collin County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 75454 | $71,300 | $173,322 | $413,303 | $509,644 | $593,470 |
Source: Ownwell
$774
Average Annual Tax Savings
Save on Your Property Taxes and More With Ownwell
Property Tax Bills Across Melissa, Collin County, Texas
Property tax bills in Melissa are based on a home’s assessed value, which is then multiplied by the local tax rate to determine the amount owed. For homeowners, that means a higher market value can lead to a higher bill, even if the home has not changed. In Melissa, the median home price is $413,303, and property tax bills can vary widely, with the 25th percentile at $3,523 and the 75th percentile at $7,983. The 90th percentile reaches $9,659, showing how quickly taxes can rise for higher-valued homes.
Because property taxes are a major ongoing expense, even a small reduction in assessed value can make a meaningful difference. Ownwell helps homeowners challenge unfair assessments and pursue exemptions that may lower their property tax bills. By reviewing your property’s details and identifying savings opportunities, Ownwell can help reduce what you owe and keep more money in your pocket.
Median Melissa Tax Bill
$6,099
Median Collin County Tax Bill
$6,220
Median Texas Tax Bill
$3,441
Median United States Tax Bill
$2,400
Property Tax Bills Across Melissa, Collin County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 75454 | $1,385 | $3,523 | $6,099 | $7,983 | $9,659 |
Source: Ownwell
$774
Average Annual Tax Savings
Save on Your Property Taxes and More With Ownwell
Don't miss the deadline to protest!
Dates | |
|---|---|
| Appeal Deadline | May 15 |
| Tax Bill | |
| Issued | October 1 |
| Due Date #1 | January 31 |
Links | |
|---|---|
| Collin Appraisal District | |
| Phone | (469) 742-9200 |
| Website | esearch.collincad.org |