Collin County Property Values Rise Again As New Construction Fuels Growth

North Texas growth continues at full speed — and nowhere is that more evident than in Collin County’s latest property value estimates.

According to newly released figures from the Collin Central Appraisal District (CCAD), property values across the county increased to an estimated $272.8 billion for 2026, with nearly $7.9 billion in new construction added to the tax rolls.

While many homeowners may be relieved to see existing home values leveling off slightly after years of sharp increases, the continued pace of development across communities like Princeton, Farmersville, and Lowry Crossing is still driving overall taxable values upward.

Princeton Sees Nearly $476 Million In New Construction

Among the standout growth markets is Princeton, where total estimated taxable value climbed 3.83% this year — increasing from $4.9 billion to $5.1 billion.

A major contributor to that growth is new development. CCAD reports that nearly $475.9 million in new construction was added within the city alone.

At the same time, average home market values in Princeton actually declined year over year, dropping from $327,644 in 2025 to an estimated $312,468 in 2026.

This reflects a broader trend happening throughout many North Texas communities: home prices are stabilizing after several years of rapid appreciation, even as population growth and development continue.

Growth Continues Across Collin County Communities

The data also highlighted increases in several neighboring areas:

• Lowry Crossing saw taxable values rise 5.94%, with $14.5 million in new property added.
• Farmersville experienced a 2.19% increase in total property values and added $11 million in new construction.
• New Hope posted one of the largest percentage increases at 8.62%, fueled by $5.4 million in new development.

Meanwhile, Princeton ISD’s taxable values rose 4.59%, supported by nearly $620 million in new construction throughout the district boundaries.

What This Means For Homeowners

For homeowners, these numbers highlight an important shift in the North Texas market.

While home values in some areas are softening slightly compared to last year’s peaks, ongoing construction and population growth continue reshaping local communities and influencing property taxes.

Property owners should also remember that appraisal notices were mailed April 15, and the deadline to file a protest is May 15.

Homeowners who believe their property valuation is inaccurate can file online, by mail, or in person through the Collin Central Appraisal District.

The Bigger Picture For North Texas Real Estate

Communities throughout Collin County continue attracting buyers looking for newer homes, more space, and relative affordability compared to some of Dallas’ more established suburbs.

As development expands eastward, cities like Princeton are becoming increasingly important players in the future of the DFW housing market.

If you’re considering buying, selling, or investing in Collin County or anywhere across North Texas, I’d love to help you navigate the market and make the most informed decision possible