Collin Value

1506 Colby Ct, Lucas, TX 75002

3,758 sqft, built 2020, in Brockdale Estates Phase 4. Appraised at $1,119,283 for 2026.

Collin County account 2792995

In line with similar homes

8 similar homes nearby support a value at or above your county value.

Appraised value$1,119,283
Similar homes$1,122,176
No gap: similar homes are at or above the county value · bars start at $0

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

Appraised value
$1,119,283
Tax year 2026
Living area
3,758 sqft
$298 per sqft
Year built
2020
Homestead
Yes
Owner-occupied exemption on file

What we found

Unequal assessment

Weak

5 of 8 similar homes are assessed lower per square foot. Their similarity-weighted median is $294.83/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 $315,000. Counting your land in place of theirs where theirs is less, they support a value of $1,122,176.

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, Brockdale Estates Phase 4, 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 decreased 1.9% from $1,140,459 in 2025 to $1,119,283 in 2026.
  • Appraised value per square footThe current public record shows about $298 per square foot before any comparable-property adjustments.
  • Nearby comparison areaThis page starts the equity review with public records for the Brockdale Estates Phase 4 neighborhood and ZIP 75002.
  • Neighborhood value signalAmong 205 residential records in the same neighborhood, the average appraised value is about $298 per square foot.
  • Area year-over-year signalNearby residential records with prior-year values moved about -1.4% on average.

Comparable assessments

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

  • 601 Maggie Trl, Lucas, TX 75002
    3,763 sqft | $295/sqft | built 2020 | Similar size (3,763 vs 3,758 sqft); Built same year (2020); Similar lot size (19,732 vs 19,542 sqft)
    $1,108,267
  • 629 Lakeshore Blvd, Lucas, TX 75002
    3,698 sqft | $295/sqft | built 2019 | Similar size (3,698 vs 3,758 sqft); Similar age (2019 vs 2020); Similar lot size (18,998 vs 19,542 sqft)
    $1,090,287
  • 629 Maggie Trl, Lucas, TX 75002
    3,761 sqft | $290/sqft | built 2018 | Similar size (3,761 vs 3,758 sqft); Similar age (2018 vs 2020); Similar lot size (18,469 vs 19,542 sqft)
    $1,092,343
  • 405 Maggie Trl, Lucas, TX 75002
    3,578 sqft | $305/sqft | built 2020 | Similar size (3,578 vs 3,758 sqft); Built same year (2020); Similar lot size (19,475 vs 19,542 sqft)
    $1,091,068
  • 619 Colt Trl, Lucas, TX 75002
    3,873 sqft | $280/sqft | built 2016 | Similar size (3,873 vs 3,758 sqft); Similar age (2016 vs 2020); Similar lot size (19,617 vs 19,542 sqft)
    $1,085,898

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.

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

Down 1.9% in 2026 from 2025.

Appraised value by tax year, with the change from the previous year listed
Tax yearAppraised valueChangeChange %
2026$1,119,283−$21,176−1.9%
2025$1,140,459+$88,076+8.4%
2024$1,052,383+$84,158+8.7%
2023$968,225+$120,335+14.2%
2022$847,890+$711,390+521.2%
2020$136,500——
6-year total+$982,783+720.0%