2023 Cap Rate

The Wilson County Appraisal District gives the following public notice of the capitalization rates to be applied for appraising properties by the Income Approach to value for the 2023 tax year that receive exemptions as Low Income Housing pursuant to Sec. 11.1825 and 11.1826 of the Texas Property Tax Code: 

                Class                      Capitalization Rate
                    A                                 8.0%
                    B                                 9.0%                

                    C                                 N/A