Collin County, TX Metro · Texas County Underwriting Brief

Collin County, TX DSCR Property Tax, Windstorm & Transfer Tax Guide

In Collin County, Texas (Collin County, TX metro), 1–4 unit investment properties carry an average effective property tax rate of 1.88% and landlord hazard insurance averaging $830 per $100K of coverage. At a median 1–4 unit acquisition price of $485,000 and Form 1007 market rent of $3,450/mo, a 75% LTV DSCR loan models at 1.00x DSCR ($3,454/mo total PITIA).

Effective Property Tax

1.88%

Est. $760/mo at median

Landlord Ins / $100K

$830/yr

Est. $335/mo DP-3

Median 1–4 Unit Price

$485,000

75% LTV: $363,750

Modeled 75% LTV DSCR

1.00x

$3,450 rent / $3,454 PITIA

Collin County Escrow & Closing-Cost Underwriting Rules

1. Post-Acquisition Tax Reassessment

Texas Annual Market Appraisal: County Appraisal District (CAD) revalues annually as of Jan 1; non-homestead circuit-breaker cap applies to qualifying properties under $5M, with May 15 protest deadline.

2. Windstorm, Flood & Hazard Tier

North DFW Hail / Wind Roof Age Audit

3. Transfer & Mortgage Recording Taxes

Standard county deed recording & nominal transfer fee ($50–$350 flat or ≤0.20% of consideration).

4. CEMA / Doc-Stamp Optimization Strategy

Underwrite post-acquisition tax bill using county millage calculator to prevent Year-2 escrow shortage.