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Collin County · TX

Property taxes in McKinney, TX

By Mariela Lovo Ol, REALTOR® · Updated

Property taxes in McKinney, TX are the sum of several local rates, not one city bill. Texas has no state property tax and no state income tax, so these local rates fund schools, roads and services. Here is how a McKinney bill is built and how to lower yours legally.

Which taxing units appear on a McKinney tax bill?

A typical McKinney bill includes the City, Collin County, a school district and Collin College. For the 2025 tax year, the Collin County Tax Assessor-Collector lists these rates per $100 of value: City of McKinney $0.412284, Collin County $0.149343, McKinney ISD $1.1043 and Collin College $0.08122.

If your address is in another district, the school line changes. For 2025, Frisco ISD was $1.0194, Allen ISD $1.1258 and Prosper ISD $1.2141. The City kept its $0.412284 rate for 2026-27; other units set 2026 rates in the fall.

What homestead exemptions can McKinney owners claim?

School districts must exempt $140,000 of a homestead's value, plus $60,000 more for owners 65 or older or disabled. Collin County exempts 5% of value, at least $5,000. Collin College exempts 20%, at least $5,000.

The City of McKinney has no general homestead exemption, but it exempts $90,000 for owners 65 or older or disabled. File with the Collin Central Appraisal District once the home is your principal residence.

How does the 10% homestead cap work?

Once your homestead exemption is in place, the appraised value used for taxes generally cannot rise more than 10% a year, plus the value of new improvements. The cap starts the year after you first qualify. In your first year, the tax is based on full appraised value.

What could a McKinney tax bill look like?

This example uses a $400,000 homestead in McKinney ISD, inside city limits, with no MUD or PID and 2025 rates. County: $380,000 taxable, about $568. City: $400,000 taxable, about $1,649. McKinney ISD: $260,000 taxable, about $2,871. Collin College: $320,000 taxable, about $260.

That totals about $5,348 for the year. Your bill will differ with your value, district, exemptions and any special district. Plug your own numbers into the mortgage calculator.

How do you protest your appraised value?

The usual deadline is May 15 or 30 days after the appraisal district mails your notice, whichever is later. You can file online with the appraisal district, and an Appraisal Review Board hears the case. Bring recent sales and photos of any condition issues.

How do MUDs, PIDs and MMDs change the bill?

A MUD adds its own tax rate, and a PID adds an annual assessment that repays improvement bonds. McKinney also has municipal management districts, such as Honey Creek. The seller must give written notice before you sign on a home in a MUD or PID.

Collin County's 2025 list shows several MUDs at rates from $0.80 to $1.20 per $100, so always check the account. These districts are most common in new communities; see new construction homes in McKinney and the full cost of living in McKinney.

Common questions

What is the City of McKinney's property tax rate?

It is $0.412284 per $100 of value for 2025-26, and the City Council kept the same rate for 2026-27. The county, school district and Collin College add their own rates. Any MUD, PID or MMD is added on top.

Does McKinney offer a homestead exemption?

The City has no general homestead exemption, but it exempts $90,000 for owners 65 or older or disabled. School districts must exempt $140,000, and Collin County and Collin College offer percentage exemptions. File with the appraisal district.

When is the property tax protest deadline?

It is May 15 or 30 days after your appraisal notice is mailed, whichever is later. You can usually file online with the appraisal district. An Appraisal Review Board hears the protest.

When are Texas property taxes due?

Bills generally go out in the fall and are due by January 31 of the following year. If you escrow, your lender pays from your escrow account. On new construction, escrow can rise once the finished home is appraised.

Sources

  1. QuickFacts: McKinney city, Texas, U.S. Census Bureau (read 2026-09-24)
  2. McKinney, Texas, Wikipedia (read 2026-09-24)
  3. 2025 Tax Rates and Exemptions by Jurisdictions, Collin County Tax Assessor-Collector (read 2026-09-24)
  4. McKinney City Council Adopts FY27 Budget, City of McKinney (read 2026-09-24)
  5. McKinney's city and ETJ land zoned for 7 school districts, Community Impact (read 2026-09-24)
  6. Attendance Zones & Maps, McKinney ISD (read 2026-09-24)
  7. Choose McKinney ISD – Student Transfer, McKinney ISD (read 2026-09-24)
  8. Attendance Zones, Frisco ISD (read 2026-09-24)
  9. 2026-2027 Attendance Boundaries, Prosper ISD (read 2026-09-24)
  10. Infrastructure, McKinney Economic Development Corporation (read 2026-09-24)
  11. US 380 Environmental Impact Statement From Coit Road to FM 1827, TxDOT (Keep It Moving Dallas) (read 2026-09-24)
  12. Transit Services, City of McKinney (read 2026-09-24)
  13. McKinney National Airport home page, McKinney National Airport (City of McKinney) (read 2026-09-24)
  14. Water Billing, City of McKinney (read 2026-09-24)
  15. Residential Trash Services, City of McKinney (read 2026-09-24)
  16. Outdoor Warning Siren System, City of McKinney (read 2026-09-24)
  17. FAQs, City of McKinney (read 2026-09-24)
  18. Service Areas, Grayson-Collin Electric Cooperative (read 2026-09-24)
  19. Bonnie Wenk Park, City of McKinney Parks (read 2026-09-24)
  20. Towne Lake Park, City of McKinney Parks (read 2026-09-24)
  21. Apex Centre, City of McKinney (read 2026-09-24)
  22. Heard Natural Science Museum & Wildlife Sanctuary, Heard Museum (read 2026-09-24)
  23. Old Collin County Courthouse, Wikipedia (read 2026-09-24)
  24. Special Financing Districts, City of McKinney (read 2026-09-24)
  25. Trinity Falls home page and FAQ, Trinity Falls (Johnson Development) (read 2026-09-24)
  26. Stonebridge Ranch Community Association, Stonebridge Ranch Community Association (read 2026-09-24)
  27. Adriatica Village, Adriatica Village (read 2026-09-24)
  28. Property Tax Exemptions, Texas Comptroller of Public Accounts (read 2026-09-24)
  29. Property Tax Protests and Appeals, Texas Comptroller of Public Accounts (read 2026-09-24)
  30. Clear as MUD, Texas Real Estate Research Center at Texas A&M University (read 2026-09-24)
  31. Don't Piddle Around with PID Notices, Texas Real Estate Research Center at Texas A&M University (read 2026-09-24)
  32. Roads & Projects, North Texas Tollway Authority (read 2026-09-24)
  33. NTTA home page (TollTag and ZipCash), North Texas Tollway Authority (read 2026-09-24)
  34. Choosing an Electric Plan, Public Utility Commission of Texas (read 2026-09-24)
  35. Home insurance guide, Texas Department of Insurance (read 2026-09-24)
  36. 5 Tips for Buying New Construction, Freddie Mac (read 2026-09-24)
  37. Contracts (promulgated forms), Texas Real Estate Commission (read 2026-09-24)
  38. Texas Public Schools (TXschools.gov), Texas Education Agency (read 2026-09-24)
  39. 2026 Statewide Multi-Year Ratings Spreadsheet, Texas Education Agency (read 2026-09-24)
  40. Why Texas, Office of the Texas Governor, Economic Development and Tourism (read 2026-09-24)
  41. Sales and Use Tax (state rate and local limit), Texas Comptroller of Public Accounts (read 2026-09-24)
  42. City Sales and Use Tax Rates (downloadable city rate list), Texas Comptroller of Public Accounts (read 2026-09-24)
  43. Valuing Property (10 percent residence homestead limitation), Texas Comptroller of Public Accounts (read 2026-09-24)
  44. Texas Property Code Section 202.022 – Swimming Pool Enclosures, Texas Property Code (via texas.public.law) (read 2026-09-24)
  45. Residential Pool Construction packet, City of McKinney Building Inspections (read 2026-09-24)
  46. Property Tax Basics, Texas Comptroller of Public Accounts (read 2026-09-24)

Last reviewed: 2026-09-24. Descriptions cover places and amenities, not the people who live there. We are committed to the Fair Housing Act.