2017 Low Income Housing Cap Rate

 

Pursuant to Sec. 11.1825® of the Texas Property Tax Code, the Wharton Central Appraisal District gives public notice of the capitalization rate to be used for the tax year 2017 to value properties receiving exemptions under this section.  Basic capitalization rates ranging from 9.50% to 11.00% will be used to value these properties.  However, adjustments may be made based on the individual property characteristics and the information provided to the chief appraiser as required under Section 11.182(d) and (g), Property Tax Code.