Tax Shock Notice: Current owner benefits from an assessment cap protecting
$1,663,544 in unassessed value.
A post-transfer reassessment upon sale may increase taxable assessed value by up to 46781.3%.
COUNTY ROAD 424 is cataloged under the Collin County, TX property tax appraisal roll with an assessor fair market valuation of $1,667,100. The underlying cadastral land allocation is assessed at $1,667,100. The parcel currently benefits from a statutory tax assessment differential of $1,663,544 (99.8% below market), which is subject to standard ad valorem adjustments upon ownership conveyance. Based on the prevailing TX benchmark tax rate of 1.66%, estimated annual ad valorem taxes are approximately $27,674/year.
✓ Cadastral Assessment Equity Baseline Verified
Our algorithmic scan evaluated adjacent parcels on your immediate tax plat. Your certified land assessment density ($0.6887/sq ft) is aligned with or favorable relative to the neighborhood tax roll. Filing an assessment appeal is not recommended at this time.