The mission of the Collin Central Appraisal District is to appraise all property in the Collin County Appraisal District at market value equally and uniformly, and to communicate that value annually to each taxpayer and taxing jurisdiction.
Cap value applies to residential homesteads only and it goes into effect the second year after a residential homestead exemption has been granted for your residence. If the property is your residence homestead, the appraised value may not exceed the sum of:
**For a more detailed summary and calculation example click here.**
The Appraisal District is giving public notice of the capitalization rate to be used each year to appraise property receiving an exemption under Section 11.1825 of the Property Tax Code for Organizations Constructing or Rehabilitating Low-Income Housing: Property Not Previously Exempt.
Have you inherited your home? How to lower your property taxes by qualifying for the full benefits of the homestead exemption in Texas. Click here to find out more.
Below is a visual representation of where we are in several Appraisal District related calendar cycles. Each phase within each calendar cycle can be clicked for additional information about the given phase.
* denotes the active phase within a cycle.
