Property taxes in Frisco, Texas are more complex than most buyers realize. Your total tax bill depends on several factors. These include your county (Collin or Denton), your school district (Frisco ISD, Prosper ISD, or Lewisville ISD), and whether your neighborhood includes a MUD or PID.
Frisco’s 2026 City Tax Rate
Frisco’s city property tax rate for fiscal year 2026 is $0.425517 per $100 of assessed value. This rate remains unchanged from the prior year. In addition, the City Council increased the homestead exemption from 15% to 20%. This is the maximum allowed by Texas law. As a result, the average homeowner saves approximately $120 per year on the city portion of their tax bill.
The combined property tax rate for a Frisco home in Frisco ISD on the Collin County side is approximately 1.96% per $100 of assessed value. For a home valued at $600,000 with standard homestead exemptions, expect a total annual bill in the range of $9,000 to $12,000.
The Hidden Cost: MUD and PID
Many new construction neighborhoods in Frisco carry additional MUD or PID assessments. These can add $2,000 to $8,000 or more per year to your total housing cost.
MUD taxes fund infrastructure like water, wastewater, and drainage. They may decrease over time as bonds are retired. On the other hand, PID assessments fund improvements like parks, streetscapes, and enhanced utilities. These often follow a fixed schedule for decades.
This is the cost that online calculators like Zillow frequently miss. For example, a home listed at $600,000 in a MUD district can have a dramatically different monthly payment than the same-priced home outside a special taxing district.
What You Should Do Before Buying
Before you buy, pull the property’s Collin County Appraisal District tax statement. Confirm every line item carefully. This step can save you from unexpected costs after closing.
For a detailed walkthrough of true homeownership costs in North Dallas, use the HousesByNeda Affordability Calculator to compare properties side by side.
Neda Dameshghi is a North Dallas real estate specialist at HousesByNeda, brokered by Real Broker LLC. Follow HousesByNeda on Instagram for daily market updates. Also, subscribe to the Frisco Prosper Insider newsletter on Substack for weekly local insights.