Collin Value

1401 Vermillion Dr, Prosper, TX 75078

3,494 sqft, built 2025, in Light Farms Bartlett Neighborhood Phase 2. Appraised at $887,865 for 2026.

Collin County account 2863260

Likely too high

about $26,000

8 similar homes nearby point to a value about $26,000 lower than yours.

Appraised value$887,865
Similar homes$861,585
$26,280 gap · bars start at $0

How sure: High · 8 similar homes (5 shown below) · public records only

Appraised value
$887,865
Tax year 2026
Living area
3,494 sqft
$254 per sqft
Year built
2025
Homestead
Yes
Owner-occupied exemption on file

Why we think so

Unequal assessment

Strong

5 of 8 similar homes are assessed lower per square foot. Their similarity-weighted median is $232.15/sqft, but land is valued apart from the home, and some of them have less land value per square foot of home than yours, which counts as $250,000. Counting your land in place of theirs where theirs is less, they support a value of $861,585.

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 75078, Light Farms Bartlett Neighborhood Phase 2, Celina, and Prosper 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 changed from $260,000 in 2025 to $887,865 in 2026. A change this large often reflects new construction, a reclassification or a record correction, so check it against the county record.
  • Appraised value per square footThe current public record shows about $254 per square foot before any comparable-property adjustments.
  • Nearby comparison areaThis page starts the equity review with public records for the Light Farms Bartlett Neighborhood Phase 2 neighborhood and ZIP 75078.
  • Neighborhood value signalAmong 313 residential records in the same neighborhood, the average appraised value is about $245 per square foot.
  • Area year-over-year signalNearby residential records with prior-year values moved about +47.0% on average.

Comparable assessments

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

  • 1937 Wimberley Dr, Prosper, TX 75078
    3,502 sqft | $267/sqft | built 2025 | Similar size (3,502 vs 3,494 sqft); Built same year (2025); Similar lot size (7,405 vs 7,321 sqft)
    $934,553
  • 1933 Wimberley Dr, Prosper, TX 75078
    3,517 sqft | $271/sqft | built 2025 | Similar size (3,517 vs 3,494 sqft); Built same year (2025); Similar lot size (7,405 vs 7,321 sqft)
    $954,509
  • 1516 Vermillion Dr, Prosper, TX 75078
    3,502 sqft | $231/sqft | built 2023 | Similar size (3,502 vs 3,494 sqft); Similar age (2023 vs 2025); Similar lot size (7,382 vs 7,321 sqft)
    $809,000
  • 2052 Carlisle Ct, Prosper, TX 75078
    3,473 sqft | $219/sqft | built 2024 | Similar size (3,473 vs 3,494 sqft); Similar age (2024 vs 2025); Similar lot size (7,405 vs 7,321 sqft)
    $761,070
  • 4501 Fall Meadow Dr, Prosper, TX 75078
    3,475 sqft | $224/sqft | built 2022 | Similar size (3,475 vs 3,494 sqft); Similar age (2022 vs 2025); Similar lot size (7,294 vs 7,321 sqft)
    $777,653

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.

  • 2780 Winfrey Pt, Prosper, TX 75078
    September-24-2026 | 3,287 sqft | $262/sqft | built 2026 | 6% size difference (3,287 sqft); Similar age (2026); Sold after the valuation date
    $861,000
  • 4108 Canadian River Dr, Prosper, TX 75078
    August-11-2026 | 3,678 sqft | $183/sqft | built 2021 | 5% size difference (3,678 sqft); Moderate age difference (4 years older); Sold after the valuation date
    $674,000
  • 500 Lake Trail Ln, Prosper, TX 75078
    September-18-2026 | 3,412 sqft | $227/sqft | built 2017 | Similar size (3,412 sqft); Moderate age difference (8 years older); Sold after the valuation date
    $775,000
  • 1714 Cherry Blossom Ln, Prosper, TX 75078
    May-20-2026 | 3,295 sqft | $197/sqft | built 2019 | 6% size difference (3,295 sqft); Moderate age difference (6 years older); Sold after the valuation date
    $649,500
  • 4010 Quinton St, Prosper, TX 75078
    June-30-2026 | 3,117 sqft | $265/sqft | built 2021 | 11% size difference (3,117 sqft); Moderate age difference (4 years older); Sold after the valuation date
    $825,000

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 241.5% in 2026 from 2025.

Appraised value by tax year, with the change from the previous year listed
Tax yearAppraised valueChangeChange %
2026$887,865+$627,865+241.5%
2025$260,000+$32,500+14.3%
2024$227,500——
2-year total+$660,365+290.3%