Plano, Collin County, Texas Property Taxes
Property Taxes in Plano, Texas
Median Plano, Texas effective property tax rate: 1.16%, significantly higher than the national median of 1.02%, and lower than the Texas state median of 1.48%.
Median Plano, Texas home value: $480,896
Median annual Plano, Texas tax bill: $5,672, $3,272 higher than the national median property tax bill of $2,400.
How are property taxes in Collin calculated?
Property taxes in Plano, 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 Plano's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Plano, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Plano, Collin County, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.16%
Estimate Property Tax Bill
$5,578
$5,177
$774
Average Annual Tax Savings
How Does the Plano Property Tax Calculator Work?
Use this Plano property tax calculator to estimate your annual tax bill. Enter your property's assessed value and our calculator applies Plano's median effective tax rate of 1.16% — 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 Plano'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 Plano: rates range from 1.16% in 75074 to 1.16% in 75093, primarily due to differences in school district levies and local assessment districts. Plano's median property tax bill is $5,672, which is higher than the Texas median of $1.48% and the national median property tax rate of 1.02%.
If your estimate is higher than expected, Ownwell can appeal your Plano assessment — you only pay if we save you money.
About Plano Property Taxes
About Property Taxes in Plano, Collin, Texas
Plano's median effective property tax rate of 1.16% is lower 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 Plano. Homeowners in the 75024 ZIP code carry a median effective rate of 1.22%, while those in 75025 pay 1.14%. This spread — 0.08 percentage points across the same city — reflects how school district boundaries and local assessment districts are drawn across Collin County. Understanding which part of Plano you live in can make a meaningful difference to your annual tax bill.
Plano 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 Plano, 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 Plano'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 Plano Tax Rate
1.16%
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 Plano, Collin County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 75023 | 0.25% | 0.75% | 1.14% | 1.73% | 1.73% |
| 75024 | 0.76% | 1.05% | 1.22% | 1.68% | 1.73% |
| 75025 | 0.58% | 0.99% | 1.14% | 1.38% | 1.73% |
| 75074 | 0.24% | 0.86% | 1.16% | 1.73% | 1.73% |
| 75075 | 0.22% | 0.66% | 1.15% | 1.40% | 1.73% |
| 75093 | 0.60% | 0.94% | 1.19% | 1.37% | 1.73% |
| 75094 | 0.78% | 1.03% | 1.16% | 1.73% | 1.73% |
Source: Ownwell
$774
Average Annual Tax Savings
Save on Your Property Taxes and More With Ownwell
Property Tax Assessment Values Across Plano, Collin County, Texas
When examining property taxes in Plano, 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 the spring 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. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Plano.
For example, the median home price in Plano is $480,896, with tax bills ranging significantly across the county. 75093 has the highest median home price at $690,696.
Property Tax Assessment Values Across Plano, Collin County, Texas
Source: Ownwell
$199,403
$641,044
$1,082,685
Median Plano Market Value
$480,896
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 Plano, Collin County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 75023 | $306,477 | $346,294 | $415,000 | $502,736 | $588,968 |
| 75024 | $418,264 | $516,504 | $589,164 | $682,985 | $829,845 |
| 75025 | $378,755 | $456,688 | $547,832 | $635,141 | $722,150 |
| 75074 | $215,000 | $276,848 | $354,872 | $471,806 | $607,406 |
| 75075 | $268,290 | $373,763 | $433,966 | $486,700 | $551,996 |
| 75093 | $400,693 | $485,895 | $690,696 | $905,994 | $1,289,737 |
| 75094 | $397,317 | $457,769 | $530,248 | $577,037 | $688,416 |
Source: Ownwell
$774
Average Annual Tax Savings
Save on Your Property Taxes and More With Ownwell
Property Tax Bills Across Plano, Collin County, Texas
Property tax bills in Plano are based on the assessed value of a home and the local tax rates set by taxing authorities. For a home with a median market value of $480,896, the tax bill can vary widely depending on the property’s assessed value, exemptions, and the specific tax rates applied in Collin County. Homeowners in Plano often see bills that reflect how their property compares with similar homes, which is why two nearby houses can have very different tax amounts.
In Plano, the 25th percentile tax bill is $3,719, while the 75th percentile tax bill is $7,612 and the 90th percentile tax bill is $9,892. That means many homeowners pay well above the national median property tax bill of $2,400, making it especially important to check for overassessment. Ownwell helps homeowners review their property tax assessments, identify opportunities for savings, and file appeals to reduce what they owe.
Median Plano Tax Bill
$5,672
Median Collin County Tax Bill
$6,220
Median Texas Tax Bill
$3,441
Median United States Tax Bill
$2,400
Property Tax Bills Across Plano, Collin County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 75023 | $1,103 | $2,956 | $4,819 | $6,176 | $7,508 |
| 75024 | $3,906 | $5,674 | $7,281 | $9,082 | $11,064 |
| 75025 | $2,896 | $4,784 | $6,360 | $7,825 | $9,416 |
| 75074 | $704 | $2,403 | $4,308 | $5,930 | $7,727 |
| 75075 | $898 | $2,433 | $4,829 | $6,313 | $7,860 |
| 75093 | $3,368 | $5,355 | $7,904 | $11,091 | $15,539 |
| 75094 | $2,684 | $4,797 | $6,223 | $7,858 | $9,987 |
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 |