Collin Value

551 Travis Ln, Prosper, TX 75078

4,856 sqft, built 2016, in Lakes Of La Cima Estates Phase Seven B. Appraised at $1,046,609 for 2026.

Collin County account 2726632

In line with similar homes

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

Appraised value$1,046,609
Similar homes$1,048,410
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
$1,046,609
Tax year 2026
Living area
4,856 sqft
$216 per sqft
Year built
2016
Homestead
Yes
Owner-occupied exemption on file

What we found

Unequal assessment

Weak

3 of 8 similar homes are assessed lower per square foot. Their similarity-weighted median is $215.83/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 $285,000. Counting your land in place of theirs where theirs is less, they support a value of $1,048,410.

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 75078, Lakes Of La Cima Estates Phase Seven B, Celina, and Prosper 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 7.4% from $1,130,615 in 2025 to $1,046,609 in 2026.
  • Appraised value per square footThe current public record shows about $216 per square foot before any comparable-property adjustments.
  • Nearby comparison areaThis page starts the equity review with public records for the Lakes Of La Cima Estates Phase Seven B neighborhood and ZIP 75078.
  • Neighborhood value signalAmong 200 residential records in the same neighborhood, the average appraised value is about $227 per square foot.
  • Area year-over-year signalNearby residential records with prior-year values moved about -6.3% on average.

Comparable assessments

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

  • 1851 Cypress Lake Ln, Prosper, TX 75078
    4,861 sqft | $210/sqft | built 2015 | Similar size (4,861 vs 4,856 sqft); Similar age (2015 vs 2016); Similar lot size (14,123 vs 14,179 sqft)
    $1,021,407
  • 1900 Thackery Ln, Prosper, TX 75078
    4,888 sqft | $216/sqft | built 2016 | Similar size (4,888 vs 4,856 sqft); Built same year (2016); Similar lot size (14,000 vs 14,179 sqft)
    $1,055,000
  • 1911 Mountain Creek Ln, Prosper, TX 75078
    4,852 sqft | $216/sqft | built 2015 | Similar size (4,852 vs 4,856 sqft); Similar age (2015 vs 2016); Similar lot size (14,000 vs 14,179 sqft)
    $1,047,544
  • 1720 Sweetwater Ln, Prosper, TX 75078
    4,835 sqft | $221/sqft | built 2017 | Similar size (4,835 vs 4,856 sqft); Similar age (2017 vs 2016); Similar lot size (14,000 vs 14,179 sqft)
    $1,066,896
  • 1941 Thackery Ln, Prosper, TX 75078
    4,859 sqft | $219/sqft | built 2017 | Similar size (4,859 vs 4,856 sqft); Similar age (2017 vs 2016); Similar lot size (14,452 vs 14,179 sqft)
    $1,062,351

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.

  • 1600 Wichita Dr, Prosper, TX 75078
    October-1-2026 | 4,637 sqft | $216/sqft | built 2018 | Similar size (4,637 sqft); Similar age (2018); Sold after the valuation date
    $1,000,000
  • 1600 Mountain Creek Ln, Prosper, TX 75078
    July-13-2026 | 4,893 sqft | $235/sqft | built 2017 | Similar size (4,893 sqft); Similar age (2017); Sold after the valuation date
    $1,150,000
  • 2940 Sunny Hill Ln, Prosper, TX 75078
    July-2-2026 | 4,952 sqft | $237/sqft | built 2015 | Similar size (4,952 sqft); Similar age (2015); Sold after the valuation date
    $1,175,000
  • 961 Deer Run Ln, Prosper, TX 75078
    August-12-2026 | 4,684 sqft | $165/sqft | built 2012 | Similar size (4,684 sqft); Moderate age difference (4 years older); Sold after the valuation date
    $775,000
  • 1921 Wynne Ave, Prosper, TX 75078
    September-21-2026 | 4,680 sqft | $230/sqft | built 2023 | Similar size (4,680 sqft); Moderate age difference (7 years newer); Sold after the valuation date
    $1,075,000

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 7.4% in 2026 from 2025.

Appraised value by tax year, with the change from the previous year listed
Tax yearAppraised valueChangeChange %
2026$1,046,609−$84,006−7.4%
2025$1,130,615+$195,163+20.9%
2024$935,452−$163,970−14.9%
2023$1,099,422+$204,323+22.8%
2022$895,099+$224,591+33.5%
2021$670,508+$62,288+10.2%
2020$608,220——
6-year total+$438,389+72.1%