Collin Value

515 Bastrop Rd, Lucas, TX 75002

4,505 sqft, built 2002, in Estates At Austin Trail Phase Ii. Appraised at $1,218,391 for 2026.

Collin County account 2120198

In line with similar homes

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

Appraised value$1,218,391
Similar homes$1,339,471
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
$1,218,391
Tax year 2026
Living area
4,505 sqft
$270 per sqft
Year built
2002
Homestead
Yes
Owner-occupied exemption on file

What we found

Unequal assessment

Weak

2 of 8 similar homes are assessed lower per square foot. Their similarity-weighted median is $297.33/sqft, which supports a value of $1,339,471.

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, Estates At Austin Trail Phase Ii, 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 9.2% from $1,341,573 in 2025 to $1,218,391 in 2026.
  • Appraised value per square footThe current public record shows about $270 per square foot before any comparable-property adjustments.
  • Nearby comparison areaThis page starts the equity review with public records for the Estates At Austin Trail Phase Ii neighborhood and ZIP 75002.
  • Neighborhood value signalAmong 135 residential records in the same neighborhood, the average appraised value is about $275 per square foot.
  • Area year-over-year signalNearby residential records with prior-year values moved about +0.8% on average.

Comparable assessments

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

  • 495 Bastrop Rd, Lucas, TX 75002
    4,292 sqft | $289/sqft | built 2002 | Similar size (4,292 vs 4,505 sqft); Built same year (2002); Similar lot size (152,939 vs 141,090 sqft)
    $1,242,002
  • 505 Bastrop Rd, Lucas, TX 75002
    4,933 sqft | $252/sqft | built 2002 | 10% larger (4,933 vs 4,505 sqft); Built same year (2002); Similar lot size (142,484 vs 141,090 sqft)
    $1,243,674
  • 1650 Lamar Rd, Lucas, TX 75002
    4,568 sqft | $321/sqft | built 2001 | Similar size (4,568 vs 4,505 sqft); Similar age (2001 vs 2002); Both have pool
    $1,468,400
  • 330 Bee Caves Rd, Lucas, TX 75002
    3,899 sqft | $329/sqft | built 2002 | 14% smaller (3,899 vs 4,505 sqft); Built same year (2002); Lot 13% smaller (123,231 vs 141,090 sqft)
    $1,281,000
  • 360 Bee Caves Rd, Lucas, TX 75002
    4,282 sqft | $320/sqft | built 2002 | Similar size (4,282 vs 4,505 sqft); Built same year (2002); Both have pool
    $1,368,860

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.

  • 1700 Rock Ridge Rd, Lucas, TX 75002
    October-9-2026 | 4,417 sqft | $339/sqft | built 1999 | Similar size (4,417 sqft); Similar age (1999); Sold after the valuation date
    $1,499,000
  • 1616 Sweetbay Dr, Allen, TX 75002
    August-12-2026 | 4,411 sqft | $189/sqft | built 2003 | Similar size (4,411 sqft); Similar age (2003); Sold after the valuation date
    $835,000
  • 1806 Reynolds Ct, Allen, TX 75002
    October-9-2026 | 4,885 sqft | $225/sqft | built 2008 | 8% size difference (4,885 sqft); Moderate age difference (6 years newer); Sold after the valuation date
    $1,100,000
  • 5501 Corsham Dr, Parker, TX 75002
    July-23-2026 | 4,265 sqft | $258/sqft | built 2003 | 5% size difference (4,265 sqft); Similar age (2003); Sold after the valuation date
    $1,100,000
  • 5301 Englenook Dr, Parker, TX 75002
    July-14-2026 | 4,456 sqft | $281/sqft | built 2004 | Similar size (4,456 sqft); Similar age (2004); Sold after the valuation date
    $1,250,000

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 9.2% in 2026 from 2025.

Appraised value by tax year, with the change from the previous year listed
Tax yearAppraised valueChangeChange %
2026$1,218,391−$123,182−9.2%
2025$1,341,573+$17,538+1.3%
2024$1,324,035+$150,875+12.9%
2023$1,173,160+$146,674+14.3%
2022$1,026,486+$220,038+27.3%
2021$806,448+$980+0.1%
2020$805,468——
6-year total+$412,923+51.3%

Recent sale history

Recent transfers help establish whether the county value is tracking real market behavior.

  • $1,499,900 sale recorded on June-12-2026