Collin Value

562 Water Valley Dr, Lavon, TX 75166

1,981 sqft, built 2023, in Lakepointe Phase Iia. Appraised at $324,946 for 2026.

Collin County account 2883127

Appraised value
$324,946
Tax year 2026
Living area
1,981 sqft
$164 per sqft
Year built
2023
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 75166 and Lakepointe Phase Iia 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 11.6% from $367,590 in 2025 to $324,946 in 2026.
  • Appraised value per square footThe current public record shows about $164 per square foot before any comparable-property adjustments.
  • Nearby comparison areaThis page starts the equity review with public records for the Lakepointe Phase Iia neighborhood and ZIP 75166.
  • Neighborhood value signalAmong 665 residential records in the same neighborhood, the average appraised value is about $147 per square foot.
  • Area year-over-year signalNearby residential records with prior-year values moved about +21.9% on average.

Comparable assessments

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

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.

  • 119 Longhorn Ln, Lavon, TX 75166
    October-1-2026 | 2,068 sqft | $150/sqft | built 2026 | Similar size (2,068 sqft); Similar age (2026); Sold after the valuation date
    $309,990
  • 218 Brookview Dr, Lavon, TX 75166
    August-21-2026 | 2,002 sqft | $150/sqft | built 2020 | Similar size (2,002 sqft); Similar age (2020); Sold after the valuation date
    $300,000
  • 372 Millwood Rd, Lavon, TX 75166
    August-11-2026 | 2,068 sqft | $154/sqft | built 2026 | Similar size (2,068 sqft); Similar age (2026); Sold after the valuation date
    $317,990
  • 543 Johnson Dr, Lavon, TX 75166
    September-16-2026 | 1,862 sqft | $161/sqft | built 2016 | 6% size difference (1,862 sqft); Moderate age difference (7 years older); Sold after the valuation date
    $299,900
  • 263 Hawthorn Dr, Lavon, TX 75166
    August-7-2026 | 2,072 sqft | $157/sqft | built 2020 | Similar size (2,072 sqft); Similar age (2020); Sold after the valuation date
    $325,000

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 11.6% in 2026 from 2025.

Appraised value by tax year, with the change from the previous year listed
Tax yearAppraised valueChangeChange %
2026$324,946−$42,644−11.6%
2025$367,590−$8,139−2.2%
2024$375,729——
2-year total−$50,783−13.5%

Recent sale history

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

  • $330,000 sale recorded on May-22-2026