Collin County Multifamily Buyer
Sell Your Commercial Property In Collin County, TX
Collin County, north of Dallas, includes Plano, McKinney, Frisco, Allen, and part of Richardson, and has drawn a long run of corporate relocations. Much of its apartment inventory is newer suburban product built to serve office workers and families moving up the US 75 and Tollway corridors.
- Clear feedback on your deal, typically within 48 hours
- 5 to 100+ units, stabilized or distressed, listed or off-market
- Owners, agents, and brokers welcome — every conversation is confidential
We buy:Tired landlordsEstate & trust sales1031 exchangesDeferred maintenanceHigh vacancyPartnership splits
Cities We Cover: Dallas–Fort Worth · Anna · Melissa · Princeton · Prosper · Royse City — County seat: McKinney
Collin County
Where We Buy In Collin County
We evaluate apartment buildings of 5+ units across Collin County — in each city below, plus smaller towns and unincorporated areas countywide.
Local Market Data
Collin County Apartment Market
Figures gathered October 2026 from public market data.
If you plan to sell commercial property in Collin County, TX, start with how fast the renter base has grown. Collin County counts 147,833 renter households, 35.5% of the 416,646 occupied homes, per the Census Bureau's 2020-2024 American Community Survey. That renter count rose 23.9% from the 2015-2019 survey, outpacing the county's own 19.4% population growth to 1,163,337 residents. Plano and Richardson anchor much of that demand, each with renter shares above 40%.
Rent has climbed even faster. Median gross rent reached $1,859, up 33.8% from $1,389 five years earlier, and now runs $456 above the $1,403 Texas median. Units in buildings of five or more sit at 25.2% of the housing stock, up 24.3% in five years. Rental vacancy is tight at 6.1%, below the 7.7% state rate, and HUD's FY2027 two-bedroom Fair Market Rent for the Dallas, TX metro area is $1,807.
A 1.16 million-person county
Collin County grew 19.4% to 1,163,337 residents between the 2015-2019 and 2020-2024 Census surveys, adding 189,360 people.28,498 more renter households
Renter households in Collin County rose 23.9%, from 119,335 to 147,833, outpacing population growth over the same five-year comparison.A fast-growing apartment stock
Collin County counts 110,270 units in buildings of five or more units, up 24.3% from 88,709 in the 2015-2019 survey.Who rents in Collin County
Renters head 147,833 of the 416,646 occupied households in Collin County, a 35.5% share in the 2020-2024 ACS. Owners hold the remaining 268,813 households, well over half the county. Across Texas, renters make up 37.4% of households, slightly above the Collin County figure.
That renter base concentrates in the county's largest cities. Richardson counts a 49.3% renter share and Plano 43.1%, both above the county average. Carrollton follows at 41.5%. Smaller towns such as Celina and Prosper lean heavily toward owners, with renter shares near 7% and 12%. McKinney and Frisco sit closer to the middle, at 36.2% and 34.1%.
Rents, growth and affordability
Collin County's median gross rent climbed 33.8%, from $1,389 to $1,859, between the 2015-2019 and 2020-2024 surveys. Population grew 19.4% over the same span, to 1,163,337 residents, while renter households rose faster still, up 23.9% to 147,833.
Income kept pace with rent. Median household income rose 25.5% to $121,600, and the number of employed residents grew 20.9% to 615,475. Units in buildings of five or more units grew 24.3%, adding 21,561 units for a 2020-2024 total of 110,270.
Despite that new supply, rental vacancy sits at 6.1%, below the 7.7% Texas rate, and 47.6% of Collin County renters pay 30% or more of income on gross rent. HUD's FY2027 two-bedroom Fair Market Rent for the Dallas, TX metro area is $1,807, which runs $52 below the county's own median gross rent of $1,859.
Collin County rent also runs well above the state. Its $1,859 median gross rent compares with $1,403 for Texas as a whole, a $456 gap that reflects the county's position inside the Dallas-Fort Worth-Arlington metro, where median gross rent is $1,614.
City-by-city comparison
Plano and Frisco carry the largest renter pools among Collin County's covered cities, while Richardson posts the highest apartment share. Celina and Prosper, by contrast, are overwhelmingly single-family towns with minimal 5+ unit stock.
| City | Median gross rent | Renter share | Share of units in 5+ buildings | Rental vacancy |
|---|---|---|---|---|
| Plano | $1,841 | 43.1% | 32.3% | 6.0% |
| Frisco | $2,014 | 34.1% | 25.6% | 3.8% |
| McKinney | $1,901 | 36.2% | 22.8% | 6.6% |
| Carrollton | $1,735 | 41.5% | 28.6% | 5.3% |
| Richardson | $1,857 | 49.3% | 35.7% | 5.2% |
| Allen | $1,932 | 30.6% | 21.9% | 6.9% |
| Wylie | $2,189 | 22.6% | 7.9% | 5.3% |
| Prosper | $2,176 | 12.1% | 8.2% | 4.5% |
| Celina | $2,379 | 7.3% | 0.5% | 20.1% |
| Sachse | $1,798 | 15.3% | 11.3% | 9.2% |
Vacancy varies sharply across the table. Frisco posts 3.8% and Prosper 4.5%, tight markets for buyers, while Celina reaches 20.1% and Sachse 9.2%. Rent ranges from $1,735 in Carrollton to $2,379 in Celina.
Richardson pairs a 49.3% renter share with 35.7% of units in 5+ buildings, the densest profile in the table. McKinney and Allen post renter shares in the low-to-mid 30s with vacancy under 7%, a steadier middle tier for multifamily owners.
Property taxes and assessment in Collin County
Collin County apartment buildings are appraised by the county appraisal district at market value as of January 1 each year, under Texas Tax Code Sec. 23.01. The county, along with school districts, cities and special districts, then sets its own rate against that appraised value, so a building's total bill depends on the exact taxing units covering its parcel.
The 10% homestead appraisal cap under Tax Code Sec. 23.23 does not apply to rental or commercial property, so a strong sale price can carry into the next January 1 appraisal. Pull the current tax statement and the appraisal history before you price a Collin County property for sale.
What this means if you sell in Collin County
When you sell commercial property in Collin County, TX, you sell into a renter base that grew 23.9% in five years, faster than the county's own 19.4% population growth. Median gross rent at $1,859 sits $456 above the Texas figure, and 6.1% rental vacancy is tight by state standards. Buyers will test your rent roll against that vacancy rate and against city-level comparables from Plano to Celina.
Taxes come next. The county appraisal district resets apartment values each January 1 under Texas Tax Code Sec. 23.01, with no cap for non-homestead property, so buyers underwrite the post-sale appraisal rather than your current bill. Rent control is not a factor; Texas Local Government Code Sec. 214.902 allows it only after a disaster emergency with the governor's approval.
As a multifamily buyer in Collin County, we review 5+ unit buildings from Plano to McKinney as they stand today. Send a current rent roll, a T-12 and the latest tax statement, and we will price the building on those numbers.
Local Knowledge
Selling Multifamily In Texas
What we factor into every Collin County offer:
More about Texas →- Pull the current Collin County appraisal statement; school, city and special district rates stack on top of it.
- Expect a reappraisal at market value each January 1 under Texas Tax Code Sec. 23.01, with no cap.
- Show trailing occupancy; Collin County rental vacancy runs 6.1%, below the 7.7% Texas rate.
- List security deposits, lease terms and any concessions per unit for the buyer's estoppel review.
Property Tax
Property Tax In Collin County For Apartment Owners
Homeowners in Collin County pay a median of $7,521 a year in property tax on a median home value of $475,600, an effective rate of about 1.58%, according to the Census Bureau’s 2020-2024 American Community Survey. That is above the Texas statewide average of 1.4%.
How property tax works in Texas: classes, assessment and appeals →Estimate a building’s tax bill with the property tax calculator →
- Those figures describe owner-occupied homes. An apartment building can be assessed on a different basis or in a different class, so its bill as a share of value may differ.
- A sale can reset the assessed value. Before you price a Collin County building, check how Texas reassesses property after a transfer and model the buyer’s new tax bill.
- Pull the actual tax bill from the Collin County assessor or tax collector. City, school and special-district levies stack on top of the county rate.
Seller Guides
Selling In Collin County? Common Situations We Handle
Learn More
Taxes & Rules For Collin County Property
The Texas rules that shape any deal in Collin County: what a sale costs in tax, how buildings are taxed, what landlords must follow, and how to defer gains.
Our Buy Box
What We Buy In Collin County
Asset Type
Multifamily, 5+ Units
Apartment buildings and income-producing residential.
Size
5 – 100+ Units
Sweet spot: 15–25 units.
Condition
Stabilized To Distressed
Value-add, mismanaged, and high-vacancy properties welcome.
Deal Types
Listed Or Off-Market
Direct-to-owner, pocket listings, portfolios.
How Selling To Us Works
- 01
Submit The Deal
Send the address, unit count, asking price, and a rent roll or T-12 if you have them.
- 02
Initial Review
We review it against our buy box and give clear feedback — typically within 48 hours.
- 03
Underwriting & LOI
If it fits, we underwrite in detail and submit a written letter of intent.
- 04
Diligence & Close
Inspections and financing on the agreed timeline, then a professional, predictable closing.
Collin County Seller FAQ
What should I check on taxes before I sell commercial property in Collin County, TX?
Start with the appraisal. Collin County values apartment buildings at market value each January 1, under Texas Tax Code Sec. 23.01. County, school, city and special district rates then stack on that value, so an apartment building's total bill depends on its exact taxing units.
How high is rental vacancy in Collin County?
Rental vacancy in Collin County was 6.1% in the Census Bureau's 2020-2024 American Community Survey, below the 7.7% statewide rate. Within the county's cities, Frisco sat at 3.8% and Celina reached 20.1%. Buyers typically weigh a building's own occupancy history against those local rates.
How much have rents risen in Collin County?
Median gross rent in Collin County rose from $1,389 in the 2015-2019 survey to $1,859 in 2020-2024, a 33.8% gain. Renter households grew 23.9% over the same period. HUD's FY2027 two-bedroom Fair Market Rent for the Dallas, TX metro area is $1,807.
Does Collin County have rent control?
No. Texas Local Government Code Sec. 214.902 lets a city adopt rent control only after a disaster-related housing emergency, with the governor's approval. Collin County owners in Plano, Frisco, McKinney and other cities set rents by lease terms and market conditions, which buyers factor into their underwriting.
How do I sell commercial property in Collin County, TX?
Send the address, unit count, and any financials. We review Collin County apartment buildings of 5+ units, give feedback typically within 48 hours, and follow with a written letter of intent if it fits.
Do you buy apartment buildings throughout Collin County?
Yes. We evaluate multifamily properties across Collin County, including Dallas–Fort Worth, Anna, Melissa, Princeton, Prosper, Royse City, Sachse, Plano, Frisco, McKinney, Carrollton, Richardson, Allen, Wylie, and Celina, as well as smaller towns and unincorporated areas. Every property is reviewed on its own fundamentals.
What size Collin County properties do you buy?
Apartment buildings and income-producing residential properties with 5 or more units. Our sweet spot is 15–25 units, and we review larger communities with capital partners.
Will you buy a property that needs work or has high vacancy?
Yes. We underwrite value-add, mismanaged, and distressed properties as they are today — no repairs or lease-up required before selling.
Is it possible to sell rental property in Collin County without evicting tenants?
It is. We buy apartment buildings occupied, and tenants stay on their current leases. Skyline Capital Investments is a commercial real estate buyer of 5+ unit buildings, so occupied properties are the norm for us.
Do I need a broker to sell my apartment building in Collin County?
No. You can work with us directly, or your broker can bring the deal to us. Either way, conversations stay confidential.
How do property taxes factor into a Collin County offer?
Property is assessed at the county level (the county seat is McKinney), within Texas rules. Texas appraisal districts reassess every year, and effective property tax rates are among the higher ones nationally. We model the likely post-sale appraisal and account for the annual protest process.
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