Property Taxes in Frisco
Property taxes are a genuinely significant, and genuinely complex, ongoing cost for a Frisco homeowner: Collin County effective-rate estimates ranged from about 1.58% to as high as 2.3% of market value depending on source and specific taxing-entity mix this session, and the City of Frisco's own 2026 city-portion rate -- one entity among several -- is directly sourced at 0.425517 per $100 of valuation. Many west-Frisco homeowners also pay an additional MUD tax or PID assessment on top of the standard layers, a real, easy-to-miss cost covered on the moving and buying-a-home topic pages.
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Learn moreMultiple Overlapping Taxing Entities
As throughout Texas, a Frisco homeowner pays property tax to several layers at once: Frisco ISD (the school district, typically the largest single line item), the City of Frisco, Collin County (or Denton County, for the portion of the city that extends there), and county-level special districts. Each entity sets its own rate annually; the combined total across all applicable entities -- not any single entity's rate -- determines the actual bill for a given address.
Effective Rate: A Real Range, Plus One Directly Sourced City Figure
Sources disagreed on the county-wide combined effective rate this session: one source cited 1.66%, another 1.58%, a third described a combined range of 1.7%-2.3% depending on the specific city and school district within Collin County, and a fourth synthesis put the typical combined rate at 1.58%-1.75%. What is directly sourced and precise is the City of Frisco's own city-portion rate for fiscal year 2026: 0.425517 per $100 of assessed value, unchanged in total rate from the prior year, broken into an Operating Funds portion (rising from 0.283406 to 0.292775) and an Interest and Sinking (I&S) Fund portion (falling from 0.142111 to 0.132742). The city portion is only one layer of the total bill -- Frisco ISD's rate, which typically makes up the largest share, was not independently re-verified for 2026 this session.
Frisco's City Homestead Exemption Rose to the Legal Maximum for 2026
In a real, recent, directly sourced change, the Frisco City Council voted in 2026 to raise the city's homestead exemption from 15% to 20% of a home's value -- the maximum percentage allowed by state law for a city-level exemption -- with officials estimating an average homeowner savings of about $120/year from that specific change. The city also offers an additional $80,000 exemption for homeowners 65 or older or disabled, on top of the percentage-based exemption. This is separate from, and in addition to, the statewide school-district homestead exemption described below.
Statewide School-District Homestead Exemption and the 10% Appraisal Cap
As throughout Texas, the mandatory school-district homestead exemption rose from $100,000 to $140,000 for the 2026 tax year following Proposition 13, approved by Texas voters in November 2025 -- homeowners 65 or older or disabled receive an additional $60,000 on top of that, for up to $200,000 total exempted from school-district taxes specifically (not the city, county, or MUD/PID portions). Separately, once a homestead exemption is on file, Texas Tax Code §23.23 caps how fast a homesteaded property's assessed (taxable) value can rise year to year at 10% maximum, regardless of how much market value actually moves -- real protection against a sudden appraisal spike, though a genuinely looser cap than Florida's 3%-or-CPI Save Our Homes limit.
MUD Taxes and PID Assessments Stack on Top in Much of West Frisco
Homeowners in a west-Frisco MUD-served subdivision pay an additional MUD tax on top of the standard city/county/school layers described above, funding that district's water, sewer, and drainage infrastructure debt; homeowners in a PID pay a separate special assessment funding amenities like parks or enhanced landscaping, which can run 20-40 years and may appear as its own line item rather than folded into the standard tax bill. Both vary significantly by specific district and are a real, non-trivial addition to a total housing cost that a citywide effective-rate figure does not capture -- confirm the specific district's current rate or assessment before buying, not after. See the moving and buying-a-home topic pages for how to check.
Key takeaways
- Frisco homeowners pay into multiple overlapping taxing entities at once (Frisco ISD, City of Frisco, Collin or Denton County, special districts) -- the combined total, not any single rate, determines the bill.
- Collin County-wide effective-rate estimates ranged 1.58%-2.3% depending on source; the City of Frisco's own city-portion rate for 2026 is directly sourced at 0.425517 per $100 of valuation, unchanged from 2025 in total.
- Frisco's city homestead exemption rose to 20% (the legal maximum) for 2026, saving an estimated average of about $120/year, plus an additional $80,000 exemption for homeowners 65+ or disabled -- separate from the statewide school-district exemption.
- The statewide school-district homestead exemption rose from $100,000 to $140,000 for 2026 (Proposition 13, approved November 2025); Texas's 10% annual appraisal cap on homesteaded properties is real protection but looser than Florida's 3%/CPI cap.
- Many west-Frisco homes carry an additional MUD tax or PID special assessment (the latter potentially running 20-40 years) on top of standard property taxes -- confirm the specific district's rate or assessment before buying.
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