Capitalization Rate

Capitalization Rate

Willacy County Appraisal District

2026 Capitalization Rate

Pursuant to Section 11.1825 (r) of the Texas Property Code, the Willacy County Appraisal District gives Public Notice of the Capitalization Rate to be used for Tax Year 2026 to value properties receiving exemptions under this section. Rent restricted properties vary widely. The variations can have effect on the valuation of the property. A basic capitalization rate of 10 % will be used to value these properties; although adjustments may be made based on the individual property characteristics and the information provided to the Chief Appraiser as required under Section 11.82 (d) and (g), Property Tax Code.

2025 Capitalization Rate

Pursuant to Section 11.1825 (r) of the Texas Property Code, the Willacy County Appraisal District gives Public Notice of the Capitalization Rate to be used for Tax Year 2025 to value properties receiving exemptions under this section. Rent restricted properties vary widely. The variations can have effect on the valuation of the property. A basic capitalization rate of 10.5% will be used to value these properties; although adjustments may be made based on the individual property characteristics and the information provided to the Chief Appraiser as required under Section 11.82 (d) and (g), Property Tax Code.

2024 Capitalization Rate

Pursuant to Section 11.1825 (r) of the Texas Property Code, the Willacy County Appraisal District gives Public Notice of the Capitalization Rate to be used for Tax Year 2024 to value properties receiving exemptions under this section. Rent restricted properties vary widely. The variations can have effect on the valuation of the property. A basic capitalization rate of 10.5% will be used to value these properties; although adjustments may be made based on the individual property characteristics and the information provided to the Chief Appraiser as required under Section 11.82 (d) and (g), Property Tax Code.

2023 Capitalization Rate

Pursuant to Section 11.1825 (r) of the Texas Property Code, the Willacy County Appraisal District gives Public Notice of the Capitalization Rate to be used for Tax Year 2023 to value properties receiving exemptions under this section. Rent restricted properties vary widely. The variations can have effect on the valuation of the property. A basic capitalization rate of 10.5% will be used to value these properties; although adjustments may be made based on the individual property characteristics and the information provided to the Chief Appraiser as required under Section 11.82 (d) and (g), Property Tax Code.

2022 Capitalization Rate

Pursuant to Section 11.1825 (r) of the Texas Property Code, the Willacy County Appraisal District gives Public Notice of the Capitalization Rate to be used for Tax Year 2022 to value properties receiving exemptions under this section. Rent restricted properties vary widely. The variations can have effect on the valuation of the property. A basic capitalization rate of 8.5-9.5% will be used to value these properties; although adjustments may be made based on the individual property characteristics and the information provided to the Chief Appraiser as required under Section 11.82 (d) and (g), Property Tax Code.

Willacy County Appraisal District

2021 Capitalization Rate

Pursuant to Section 11.1825 (r) of the Texas Property Code, the Willacy County Appraisal District gives Public Notice of the Capitalization Rate to be used for Tax Year 2021 to value properties receiving exemptions under this section. Rent restricted properties vary widely. The variations can have effect on the valuation of the property. A basic capitalization rate of 8.5-9.5% will be used to value these properties; although adjustments may be made based on the individual property characteristics and the information provided to the Chief Appraiser as required under Section 11.82 (d) and (g), Property Tax Code.