Low Income Capitalization Rate
Moore County Appraisal District
Appraisal Capitalization Rate for Low Income Housing
Pursuant to Section 11.1825(r) of the Texas Property Tax Code, the Moore County Appraisal District gives public notice of the capitalization rate to be used for tax year 2016 to value properties receiving exemption under this section, a basic capitalization rate of 11.5% will be used to value these properties. Pursuant to Section 11.182(d) and (g) of the Texas Property Tax Code, adjustments may be made to the cap rate based on the individual property characteristics and the information provided to the chief appraiser.
Dumas, Texas 79029
8:00 a.m. - 5:00 p.m.