Section 1.04 of the Texas Property Code defines market value as follows: ‘the price in which a property would transfer for cash or its equivalent under prevailing market conditions if: (A) exposed for sale in the open market with a reasonable time for the seller to find a purchaser: (B) both the seller and the […]
Per Section 22.27 of the Texas Property Tax Code, the Appraisal District is prohibited from disclosing sales information gathered from a private source. Taxpayers who have protested their property are entitled only to a list of sales used to value their property.
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.