Collin Value

642 Franklin Ln, Lavon, TX 75166

1,679 sqft, built 2020, in Traditions At Grand Heritage, Phase 2. Appraised at $314,263 for 2026.

Collin County account 2821348

Small or uncertain difference

about $5,000

8 similar homes nearby point to a value about $5,000 lower than yours, a small or uncertain difference.

Appraised value$314,263
Similar homes$309,036
$5,227 gap · bars start at $0

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

Appraised value
$314,263
Tax year 2026
Living area
1,679 sqft
$187 per sqft
Year built
2020
Homestead
Yes
Owner-occupied exemption on file

Why we think so

Unequal assessment

Weak

8 of 8 similar homes are assessed lower per square foot. Their similarity-weighted median is $183.26/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 $100,000. Counting your land in place of theirs where theirs is less, they support a value of $309,036.

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 Traditions At Grand Heritage, 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 6.3% from $335,488 in 2025 to $314,263 in 2026.
  • Appraised value per square footThe current public record shows about $187 per square foot before any comparable-property adjustments.
  • Nearby comparison areaThis page starts the equity review with public records for the Traditions At Grand Heritage, Phase 2 neighborhood and ZIP 75166.
  • Neighborhood value signalAmong 105 residential records in the same neighborhood, the average appraised value is about $155 per square foot.
  • Area year-over-year signalNearby residential records with prior-year values moved about -4.4% on average.

Comparable assessments

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

  • 563 Svenson Ln, Lavon, TX 75166
    1,682 sqft | $185/sqft | built 2021 | Similar size (1,682 vs 1,679 sqft); Similar age (2021 vs 2020); Similar lot size (6,969 vs 6,969 sqft)
    $311,167
  • 527 Svenson Ln, Lavon, TX 75166
    1,702 sqft | $183/sqft | built 2021 | Similar size (1,702 vs 1,679 sqft); Similar age (2021 vs 2020); Similar lot size (6,969 vs 6,969 sqft)
    $311,902
  • 575 Svenson Ln, Lavon, TX 75166
    1,702 sqft | $183/sqft | built 2021 | Similar size (1,702 vs 1,679 sqft); Similar age (2021 vs 2020); Similar lot size (7,405 vs 6,969 sqft)
    $311,902
  • 567 Svenson Ln, Lavon, TX 75166
    1,840 sqft | $176/sqft | built 2020 | 10% larger (1,840 vs 1,679 sqft); Built same year (2020); Similar lot size (6,969 vs 6,969 sqft)
    $324,397
  • 543 Chandler Ln, Lavon, TX 75166
    1,702 sqft | $183/sqft | built 2021 | Similar size (1,702 vs 1,679 sqft); Similar age (2021 vs 2020); Lot 12% smaller (6,098 vs 6,969 sqft)
    $311,902

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.

  • 1075 Carpenter Ct, Lavon, TX 75166
    September-25-2026 | 1,665 sqft | $174/sqft | built 2014 | Similar size (1,665 sqft); Moderate age difference (6 years older); Sold after the valuation date
    $290,000
  • 444 Silent Pond Park, Lavon, TX 75166
    October-2-2026 | 1,699 sqft | $164/sqft | built 2026 | Similar size (1,699 sqft); Moderate age difference (6 years newer); Sold after the valuation date
    $278,990
  • 327 Brookview Dr, Lavon, TX 75166
    August-14-2026 | 1,731 sqft | $171/sqft | built 2021 | Similar size (1,731 sqft); Similar age (2021); Sold after the valuation date
    $295,700
  • 352 Cyprus Grove Dr, Lavon, TX 75166
    August-20-2026 | 1,807 sqft | $177/sqft | built 2021 | 8% size difference (1,807 sqft); Similar age (2021); Sold after the valuation date
    $320,000
  • 409 Harding Ln, Lavon, TX 75166
    July-9-2026 | 1,686 sqft | $169/sqft | built 2012 | Similar size (1,686 sqft); Moderate age difference (8 years older); Sold after the valuation date
    $285,000

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 6.3% in 2026 from 2025.

Appraised value by tax year, with the change from the previous year listed
Tax yearAppraised valueChangeChange %
2026$314,263−$21,225−6.3%
2025$335,488−$29,271−8.0%
2024$364,759−$11,741−3.1%
2023$376,500+$25,284+7.2%
2022$351,216——
4-year total−$36,953−10.5%