Princeton property tax: where it goes
A Princeton house at the typical market value ($331,000) pays about $4,550 a year on the property tax bill, including flat charges on the same bill. Estimated from public rates, not anyone's actual bill.
A Princeton house pays 1.907% of its taxable value in property tax. For a house at $331,000 of market value with the homestead exemption, that's about $4,551 a year.
Tax is levied on the 2026 tax rates and exemptions listed by jurisdiction in the Collin County rate summary.
Pay or manage it
Who taxes this house
| Taxing agency | Rate | On $331,000 |
|---|---|---|
| City of Princeton | 0.473% | $1,565 |
| Collin County | 0.1514% | $476 |
| Collin College | 0.0812% | $215 |
| Princeton ISD (schools) | 1.2011% | $2,294 |
| Total | 1.907% | $4,551 |
2026. Exemptions applied: School homestead exemption ($140,000); Collin County homestead exemption ($16,550); Collin College homestead exemption ($66,200).
How Princeton compares with nearby cities
Property tax rate
- Fate · 18 mi1.61%
- Denton · 37 mi1.88%
- The Colony · 24 mi1.89%
- Princeton1.91%
The combined rate of every agency on the bill, before exemptions.
Ways to pay less
- Princeton City exemptions listed at 25,000. Collin County's 2026 summary lists Princeton City at 25,000 under OVER AGE 65 and 25,000 under DISABILITY. How: See the Collin County Tax Assessor.
- Princeton ISD exemptions listed at 140,000 and 60,000. Collin County's 2026 summary lists Princeton ISD at 140,000 under HOMESTEAD EXEMPTION, 60,000 under OVER AGE 65 and 60,000 under DISABILITY. How: See the Collin County Tax Assessor.
- No fee to file the homestead exemption form. There is no fee to file the homestead exemption form. How: See Collin County Tax Assessor.
Dates
| When | What |
|---|---|
| Jan 31, 2027 | To avoid penalties pay your taxes by January 31, 2027. |
Checked October 28, 2026. Every number here comes from the public sources listed, matched by our checker.
Rates change every year; this page shows when it was last checked. Nothing here is legal, tax or insurance advice.
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