Collin Value

4514 Banyan Ln, Melissa, TX 75454

2,009 sqft, built 2020, in North Creek Ii Phase 2. Appraised at $398,662 for 2026.

Collin County account 2818874

Appraised value
$398,662
Tax year 2026
Living area
2,009 sqft
$198 per sqft
Year built
2020
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 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 7.3% from $430,000 in 2025 to $398,662 in 2026.
  • Appraised value per square footThe current public record shows about $198 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

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

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.

  • 1107 Dickenson Dr, Melissa, TX 75454
    September-24-2026 | 2,054 sqft | $170/sqft | built 2014 | Similar size (2,054 sqft); Moderate age difference (6 years older); Sold after the valuation date
    $349,900
  • 2823 Redbud Ln, Melissa, TX 75454
    September-10-2026 | 1,911 sqft | $199/sqft | built 2020 | Similar size (1,911 sqft); Similar age (2020); Sold after the valuation date
    $380,000
  • 3511 Wysong St, Melissa, TX 75454
    August-27-2026 | 2,032 sqft | $182/sqft | built 2015 | Similar size (2,032 sqft); Moderate age difference (5 years older); Sold after the valuation date
    $369,000
  • 3822 Chicory Ct, Melissa, TX 75454
    August-12-2026 | 1,942 sqft | $205/sqft | built 2021 | Similar size (1,942 sqft); Similar age (2021); Sold after the valuation date
    $398,000
  • 1317 Coleman Dr, Melissa, TX 75454
    August-28-2026 | 2,074 sqft | $188/sqft | built 2016 | Similar size (2,074 sqft); Moderate age difference (4 years older); Sold after the valuation date
    $389,000

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 7.3% in 2026 from 2025.

Appraised value by tax year, with the change from the previous year listed
Tax yearAppraised valueChangeChange %
2026$398,662−$31,338−7.3%
2025$430,000−$8,341−1.9%
2024$438,341−$3,507−0.8%
2023$441,848+$14,847+3.5%
2022$427,001+$125,905+41.8%
2021$301,096——
5-year total+$97,566+32.4%