Tangible property is subject to local taxation in Texas, and is appraised and assessed at 100% fair market value. Property subject to taxes are divided into two categories: real and personal property. Personal property is defined as “all movable items not permanently affixed to or a part of the real estate”. Real property is any property that is not personal property.
Real property is appraised by the Collin County Appraisal District.
2019 Property tax rates (per $100 valuation):
|City of Allen
While not reflected here, it should be noted that strong growth has allowed these entities to lower the property tax rate by over 13% the past 10 years.