Appraisal Capitalization Rate for Low Income Housing

Pursuant to Sec. 11.1825(r) of the Texas Property Tax Code, the Tax Appraisal District of Fort Bend County 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.

These variations can have an affect on the valuation of the property.

A basic capitalization rate of 8.5% to 10.00% 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 Sections 11.182 (d) and (g), Property Tax Code.

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PhoneHoursMailing
281.344.8623
Monday — Friday / 8:00AM — 4:30PM
2801 B. F. Terry Blvd. Rosenberg, TX 77471
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Est. 1982

The Fort Bend Central Appraisal District is a political subdivision of the State of Texas established in 1982 for the purpose of discovering and appraising property for ad valorem tax purposes for each taxing unit within the boundaries of the district.

The district has approximately 376,000 accounts to appraise each year with a total market value of approximately $107 billion.

FBCAD Serves Approx. 215 Taxing Units.