Collin Value

1205 Farmstead Ct, Lucas, TX 75002

4,855 sqft, built 2022, in Belmont Park. Appraised at $2,179,266 for 2026.

Collin County account 2863044

Appraised value
$2,179,266
Tax year 2026
Living area
4,855 sqft
$449 per sqft
Year built
2022
Homestead
Yes
Owner-occupied exemption on file

Compare this assessment

Start with the county value and property facts, then review appraisal comps, recent sales, and prior-year changes to decide whether the assessment is worth challenging. The comps on this page are free to review; email sign-in is only used to save a printable report.

For nearby context, browse ZIP 75002, Belmont Park, and Fairview assessment pages.

Protest deadline

The 2026 protest deadline was . The 2027 protest deadline is . 2027 notices usually arrive in April.

Deadline rule: May 15, or 30 days after your notice of appraised value is mailed, whichever is later. A deadline on a weekend or holiday moves to the next business day. Evidence is reviewed by the Appraisal Review Board (ARB). Dates checked against the official source.

Assessment snapshot

These public CCAD records highlight what may be worth checking before you file.

  • Assessment changeThe appraised value increased 7.7% from $2,024,372 in 2025 to $2,179,266 in 2026.
  • Appraised value per square footThe current public record shows about $449 per square foot before any comparable-property adjustments.
  • Nearby comparison areaThis page starts the equity review with public records for the Belmont Park neighborhood and ZIP 75002.
  • Neighborhood value signalAmong 142 residential records in the same neighborhood, the average appraised value is about $413 per square foot.
  • Area year-over-year signalNearby residential records with prior-year values moved about +13.0% on average.

Comparable assessments

Showing 5 of the 8 similar homes in this property's equity comparison, from public appraisal records.

  • 1235 Farmstead Ct, Lucas, TX 75002
    4,859 sqft | $472/sqft | built 2024 | Similar size (4,859 vs 4,855 sqft); Similar age (2024 vs 2022); Similar lot size (99,621 vs 102,540 sqft)
    $2,292,260
  • 955 Bentwater Dr, Lucas, TX 75002
    4,742 sqft | $404/sqft | built 2023 | Similar size (4,742 vs 4,855 sqft); Similar age (2023 vs 2022); Similar lot size (112,428 vs 102,540 sqft)
    $1,918,000
  • 255 Winding Creek Dr, Lucas, TX 75002
    4,509 sqft | $524/sqft | built 2021 | 7% smaller (4,509 vs 4,855 sqft); Similar age (2021 vs 2022); Similar lot size (106,504 vs 102,540 sqft)
    $2,361,410
  • 1125 Farmstead Ct, Lucas, TX 75002
    4,287 sqft | $470/sqft | built 2022 | 12% smaller (4,287 vs 4,855 sqft); Built same year (2022); Similar lot size (102,583 vs 102,540 sqft)
    $2,013,222
  • 1200 Farmstead Ct, Lucas, TX 75002
    4,705 sqft | $438/sqft | built 2020 | Similar size (4,705 vs 4,855 sqft); Similar age (2020 vs 2022); Lot 12% smaller (90,561 vs 102,540 sqft)
    $2,060,281

Recent comparable sales

Sales selected by similarity to the subject property. Texas is a non-disclosure state, so these MLS-listed sales are supplemental evidence.

  • 1806 Reynolds Ct, Allen, TX 75002
    October-9-2026 | 4,885 sqft | $225/sqft | built 2008 | Similar size (4,885 sqft); Sold after the valuation date
    $1,100,000
  • 5109 Midnight Ct, Parker, TX 75002
    August-17-2026 | 4,499 sqft | $261/sqft | built 2021 | 7% size difference (4,499 sqft); Similar age (2021); Sold after the valuation date
    $1,175,000
  • 105 Bee Caves Rd, Lucas, TX 75002
    August-31-2026 | 4,744 sqft | $294/sqft | built 2005 | Similar size (4,744 sqft); Sold after the valuation date
    $1,395,000
  • 1216 Hicks Trl, Lucas, TX 75002
    August-28-2026 | 5,444 sqft | $285/sqft | built 2016 | 12% size difference (5,444 sqft); Moderate age difference (6 years older); Sold after the valuation date
    $1,550,000
  • 4909 Whisper Dr, Parker, TX 75002
    August-3-2026 | 4,715 sqft | $297/sqft | built 2021 | Similar size (4,715 sqft); Similar age (2021); Sold after the valuation date
    $1,399,000

Public appraisal comparison for 2026. Prepared . Appraisal source: Collin Central Appraisal District. Sales data checked in this snapshot: . Matches consider available size, age, location and property characteristics. How comparisons work.

Value history

Up 7.7% in 2026 from 2025.

Appraised value by tax year, with the change from the previous year listed
Tax yearAppraised valueChangeChange %
2026$2,179,266+$154,894+7.7%
2025$2,024,372+$219,377+12.2%
2024$1,804,995+$1,216,642+206.8%
2023$588,353——
3-year total+$1,590,913+270.4%