Collin Value

588 County Road 364, Melissa, TX 75454

1,971 sqft, built 1996, in Terra Enterprises Addition. Appraised at $900,893 for 2026.

Collin County account 2039835

Likely too high

about $120,000

8 similar homes nearby point to a value about $120,000 lower than yours.

Appraised value$900,893
Similar homes$780,417
$120,476 gap · bars start at $0

How sure: High · 8 similar homes (5 shown below) · public records only

Appraised value
$900,893
Tax year 2026
Living area
1,971 sqft
$457 per sqft
Year built
1996

Why we think so

Unequal assessment

Strong

6 of 8 similar homes are assessed lower per square foot. Their similarity-weighted median is $386.30/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 $274,974. Counting your land in place of theirs where theirs is less, they support a value of $780,417.

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 Terra Enterprises Addition 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 increased 44.3% from $624,245 in 2025 to $900,893 in 2026.
  • Appraised value per square footThe current public record shows about $457 per square foot before any comparable-property adjustments.
  • Nearby comparison areaThis page starts the equity review with public records for the Terra Enterprises Addition neighborhood and ZIP 75454.
  • Neighborhood value signalAmong 190 residential records in the same neighborhood, the average appraised value is about $339 per square foot.
  • Area year-over-year signalNearby residential records with prior-year values moved about +53.9% on average.

Comparable assessments

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

  • 8583 County Road 419, Anna, TX 75409
    2,033 sqft | $386/sqft | built 1998 | Similar size (2,033 vs 1,971 sqft); Similar age (1998 vs 1996); Similar lot size (130,680 vs 136,112 sqft)
    $785,348
  • 8607 County Road 419, Anna, TX 75409
    2,076 sqft | $406/sqft | built 1998 | 5% larger (2,076 vs 1,971 sqft); Similar age (1998 vs 1996); Similar lot size (130,680 vs 136,112 sqft)
    $841,822
  • 2930 Fannin Rd, Melissa, TX 75454
    1,728 sqft | $480/sqft | built 1993 | 12% smaller (1,728 vs 1,971 sqft); Similar age (1993 vs 1996); Lot 10% larger (150,151 vs 136,112 sqft)
    $830,232
  • 8563 County Road 419, Anna, TX 75409
    2,342 sqft | $308/sqft | built 1997 | Similar age (1997 vs 1996); Similar lot size (130,636 vs 136,112 sqft); Same neighborhood
    $722,047
  • 4366 FM 2933, Mckinney, TX 75071
    1,750 sqft | $356/sqft | built 1993 | 11% smaller (1,750 vs 1,971 sqft); Similar age (1993 vs 1996); Lot 15% smaller (116,305 vs 136,112 sqft)
    $623,203

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.

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

Up 44.3% in 2026 from 2025.

Appraised value by tax year, with the change from the previous year listed
Tax yearAppraised valueChangeChange %
2026$900,893+$276,648+44.3%
2025$624,245+$195,699+45.7%
2024$428,546+$43,178+11.2%
2023$385,368+$81,117+26.7%
2022$304,251+$31,018+11.4%
2021$273,233+$24,962+10.1%
2020$248,271——
6-year total+$652,622+262.9%