Collin Value

851 Hempstead Ct, Prosper, TX 75078

3,446 sqft, built 2020, in Lakewood Phase 3. Appraised at $891,126 for 2026.

Collin County account 2759875

Possibly too high

about $12,000

8 similar homes nearby point to a value about $12,000 lower than yours.

Appraised value$891,126
Similar homes$879,212
$11,914 gap · bars start at $0

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

Appraised value
$891,126
Tax year 2026
Living area
3,446 sqft
$259 per sqft
Year built
2020
Homestead
Yes
Owner-occupied exemption on file

Why we think so

Unequal assessment

Moderate

8 of 8 similar homes are assessed lower per square foot. Their similarity-weighted median is $247.40/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 $240,000. Counting your land in place of theirs where theirs is less, they support a value of $879,212.

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, Lakewood Phase 3, 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 4.0% from $928,043 in 2025 to $891,126 in 2026.
  • Appraised value per square footThe current public record shows about $259 per square foot before any comparable-property adjustments.
  • Nearby comparison areaThis page starts the equity review with public records for the Lakewood Phase 3 neighborhood and ZIP 75078.
  • Neighborhood value signalAmong 281 residential records in the same neighborhood, the average appraised value is about $255 per square foot.
  • Area year-over-year signalNearby residential records with prior-year values moved about -4.3% on average.

Comparable assessments

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

  • 931 Moorland Pass Dr, Prosper, TX 75078
    3,449 sqft | $249/sqft | built 2021 | Similar size (3,449 vs 3,446 sqft); Similar age (2021 vs 2020); Similar lot size (10,534 vs 10,358 sqft)
    $859,161
  • 800 Foxfield Ct, Prosper, TX 75078
    3,472 sqft | $245/sqft | built 2021 | Similar size (3,472 vs 3,446 sqft); Similar age (2021 vs 2020); Similar lot size (10,693 vs 10,358 sqft)
    $849,656
  • 3001 Meadow Dell Dr, Prosper, TX 75078
    3,433 sqft | $255/sqft | built 2020 | Similar size (3,433 vs 3,446 sqft); Built same year (2020); Similar lot size (9,620 vs 10,358 sqft)
    $876,675
  • 2761 Old Shire Path Rd, Prosper, TX 75078
    3,452 sqft | $252/sqft | built 2021 | Similar size (3,452 vs 3,446 sqft); Similar age (2021 vs 2020); Lot 13% smaller (9,035 vs 10,358 sqft)
    $871,338
  • 2890 Hyde Ct, Prosper, TX 75078
    3,435 sqft | $247/sqft | built 2018 | Similar size (3,435 vs 3,446 sqft); Similar age (2018 vs 2020); Lot 12% smaller (9,100 vs 10,358 sqft)
    $849,832

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

Down 4.0% in 2026 from 2025.

Appraised value by tax year, with the change from the previous year listed
Tax yearAppraised valueChangeChange %
2026$891,126−$36,917−4.0%
2025$928,043+$18,451+2.0%
2024$909,592+$41,862+4.8%
2023$867,730+$110,570+14.6%
2022$757,160+$210,713+38.6%
2021$546,447——
5-year total+$344,679+63.1%