The following chart contains the tax rates as established by the Maverick County Entities. All tax rates are current and up to date, new tax rates will be added as they become available.
Maverick County Appraisal District Low Income
Housing Cap Rate
The Texas Property Tax Code requires all property to be appraised at one hundred percent (100%) market value. Also in the Code the Chief Appraiser is required to use the income method to appraise property qualified as low income housing under Section11.1825. Specifically the appraiser must consider the restrictions on who may rent the property and the amount of rent to be charged. As of January 31 of each year the District must give public notice of the cap rate to be used on all qualified low income housing properties. The 2020 capitalization rate for Maverick County is between 8.5% and 9.5%.