Collin Value

1408 Madrid Falls Dr, Mckinney, TX 75071

2,511 sqft, built 2016, in Trinity Falls Planning Unit 1 Phase 2B. Appraised at $509,186 for 2026.

Collin County account 2722470

Appraised value
$509,186
Tax year 2026
Living area
2,511 sqft
$203 per sqft
Year built
2016
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 75071, Trinity Falls Planning Unit 1 Phase 2B, and McKinney 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 decreased 10.7% from $570,222 in 2025 to $509,186 in 2026.
  • Appraised value per square footThe current public record shows about $203 per square foot before any comparable-property adjustments.
  • Nearby comparison areaThis page starts the equity review with public records for the Trinity Falls Planning Unit 1 Phase 2B neighborhood and ZIP 75071.
  • Neighborhood value signalAmong 515 residential records in the same neighborhood, the average appraised value is about $190 per square foot.
  • Area year-over-year signalNearby residential records with prior-year values moved about -9.7% on average.

Comparable assessments

Similar public appraisal records selected for this property's equity comparison.

  • 913 Navasota Trl, Mckinney, TX 75071
    2,532 sqft | $202/sqft | built 2017 | Similar size (2,532 vs 2,511 sqft); Similar age (2017 vs 2016); Similar lot size (7,500 vs 7,500 sqft)
    $511,114
  • 7424 Elm Fork Dr, Mckinney, TX 75071
    2,557 sqft | $192/sqft | built 2015 | Similar size (2,557 vs 2,511 sqft); Similar age (2015 vs 2016); Similar lot size (7,500 vs 7,500 sqft)
    $490,000
  • 1408 Grapevine Cv, Mckinney, TX 75071
    2,575 sqft | $203/sqft | built 2016 | Similar size (2,575 vs 2,511 sqft); Built same year (2016); Similar lot size (7,500 vs 7,500 sqft)
    $522,911
  • 7408 Elm Fork Dr, Mckinney, TX 75071
    2,475 sqft | $205/sqft | built 2015 | Similar size (2,475 vs 2,511 sqft); Similar age (2015 vs 2016); Similar lot size (7,594 vs 7,500 sqft)
    $508,081
  • 7913 Lake Worth Cv, Mckinney, TX 75071
    2,453 sqft | $203/sqft | built 2015 | Similar size (2,453 vs 2,511 sqft); Similar age (2015 vs 2016); Similar lot size (7,624 vs 7,500 sqft)
    $497,112

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.

  • 1428 Hoyt Dr, Mckinney, TX 75071
    August-3-2026 | 2,523 sqft | $220/sqft | built 2019 | Similar size (2,523 sqft); Similar age (2019); Sold after the valuation date
    $555,000
  • 7800 Rockledge Dr, Mckinney, TX 75071
    September-18-2026 | 2,513 sqft | $215/sqft | built 2011 | Similar size (2,513 sqft); Moderate age difference (5 years older); Sold after the valuation date
    $540,000
  • 2421 Wrexham Dr, Mckinney, TX 75071
    April-30-2026 | 2,539 sqft | $213/sqft | built 2016 | Similar size (2,539 sqft); Similar age (2016); Sold after the valuation date
    $540,000
  • 512 Port Isabel Ln, Mckinney, TX 75071
    May-22-2026 | 2,512 sqft | $234/sqft | built 2019 | Similar size (2,512 sqft); Similar age (2019); Sold after the valuation date
    $589,000
  • 921 Queens Lake Trl, Mckinney, TX 75071
    July-9-2026 | 2,541 sqft | $216/sqft | built 2022 | Similar size (2,541 sqft); Moderate age difference (6 years newer); Sold after the valuation date
    $550,000

Public appraisal comparison for 2026. Prepared . Appraisal source: Collin Central Appraisal District. Sales data checked in this snapshot: . Showing the last prepared sales evidence while recent sales are refreshed. Matches consider available size, age, location and property characteristics. How comparisons work.

Value history

Down 10.7% in 2026 from 2025.

Appraised value by tax year, with the change from the previous year listed
Tax yearAppraised valueChangeChange %
2026$509,186−$61,036−10.7%
2025$570,222+$7,681+1.4%
2024$562,541−$22,215−3.8%
2023$584,756+$96,505+19.8%
2022$488,251+$124,694+34.3%
2021$363,557+$36,887+11.3%
2020$326,670——
6-year total+$182,516+55.9%