2023 School Tax Freeze Ceiling Reduction
Texas voters passed Proposition 1 on May 7, 2022, which amended the Constitution authorizing the legislature to provide for a reduction in the 2023 school tax ceiling (freeze) for property owners with 65 & older exemption, or those qualified disabled persons. Click here to review the top questions being asked of CCAD’s customer service staff about this […]
What is a Homestead Cap?
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.**
2023 Property Tax Protest and Appeal Procedures
Please click here to view the 2023 Property Tax Protest and Appeal Procedures. The 2023 protest deadline for Real property is May 15, 2023.
2023 Low Income Housing Apartment Capitalization Rate: 8%
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.The 2023 capitalization rate used by Collin CAD is 8.00%