Collin Value

3018 Teak Dr, Melissa, TX 75454

1,729 sqft, built 2020, in North Creek Ii Phase 2. Appraised at $354,416 for 2026.

Collin County account 2798459

In line with similar homes

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

Appraised value$354,416
Similar homes$360,773
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
$354,416
Tax year 2026
Living area
1,729 sqft
$205 per sqft
Year built
2020

What we found

Unequal assessment

Weak

1 of 8 similar homes is assessed lower per square foot. Their similarity-weighted median is $208.57/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 $105,000. Counting your land in place of theirs where theirs is less, they support a value of $360,773.

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 75454 and North Creek Ii Phase 2 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 7.9% from $384,642 in 2025 to $354,416 in 2026.
  • Appraised value per square footThe current public record shows about $205 per square foot before any comparable-property adjustments.
  • Nearby comparison areaThis page starts the equity review with public records for the North Creek Ii Phase 2 neighborhood and ZIP 75454.
  • Neighborhood value signalAmong 872 residential records in the same neighborhood, the average appraised value is about $175 per square foot.
  • Area year-over-year signalNearby residential records with prior-year values moved about -9.1% on average.

Comparable assessments

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

  • 2719 Willow Ln, Melissa, TX 75454
    1,720 sqft | $210/sqft | built 2020 | Similar size (1,720 vs 1,729 sqft); Built same year (2020); Same neighborhood
    $361,417
  • 2712 Willow Ln, Melissa, TX 75454
    1,720 sqft | $210/sqft | built 2020 | Similar size (1,720 vs 1,729 sqft); Built same year (2020); Same neighborhood
    $361,417
  • 3008 Redbud Ln, Melissa, TX 75454
    1,732 sqft | $215/sqft | built 2021 | Similar size (1,732 vs 1,729 sqft); Similar age (2021 vs 2020); Similar lot size (6,250 vs 6,250 sqft)
    $372,041
  • 2807 Mesquite Ave, Melissa, TX 75454
    1,720 sqft | $200/sqft | built 2019 | Similar size (1,720 vs 1,729 sqft); Similar age (2019 vs 2020); Similar lot size (6,098 vs 6,250 sqft)
    $344,200
  • 2804 Mesquite Ave, Melissa, TX 75454
    1,720 sqft | $209/sqft | built 2019 | Similar size (1,720 vs 1,729 sqft); Similar age (2019 vs 2020); Similar lot size (6,098 vs 6,250 sqft)
    $358,747

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.

  • 2912 Mulberry Ave, Melissa, TX 75454
    September-4-2026 | 1,737 sqft | $202/sqft | built 2019 | Similar size (1,737 sqft); Similar age (2019); Sold after the valuation date
    $350,000
  • 4316 Cordata Dr, Melissa, TX 75454
    September-29-2026 | 1,630 sqft | $196/sqft | built 2020 | 6% size difference (1,630 sqft); Similar age (2020); Sold after the valuation date
    $320,000
  • 2411 Daisy Ln, Melissa, TX 75454
    August-14-2026 | 1,688 sqft | $219/sqft | built 2025 | Similar size (1,688 sqft); Moderate age difference (5 years newer); Sold after the valuation date
    $369,000
  • 3306 Robin Trl, Melissa, TX 75454
    September-15-2026 | 1,843 sqft | $195/sqft | built 2016 | 7% size difference (1,843 sqft); Moderate age difference (4 years older); Sold after the valuation date
    $360,000
  • 2823 Redbud Ln, Melissa, TX 75454
    September-10-2026 | 1,911 sqft | $199/sqft | built 2020 | 10% size difference (1,911 sqft); Similar age (2020); Sold after the valuation date
    $380,000

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

Down 7.9% in 2026 from 2025.

Appraised value by tax year, with the change from the previous year listed
Tax yearAppraised valueChangeChange %
2026$354,416−$30,226−7.9%
2025$384,642−$7,358−1.9%
2024$392,000+$4,000+1.0%
2023$388,000+$5,914+1.5%
2022$382,086+$127,284+50.0%
2021$254,802——
5-year total+$99,614+39.1%