Low Income 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 REAL CENTRAL APPRAISAL DISTRICT is between 8.5% and 9.5%.

Contact Information

(830) 232-6248info@realcad.org

P.O. Box 158
Leakey, TX 78873

763 US Highway 83
Leakey, TX 78873

(Please note The United States Postal Service will not deliver to the physical address. )

Monday - Friday
8:00 a.m. - 12:00 p.m.
1:00 p.m. - 5:00 p.m.

Chief Appraiser
Juan A. Saucedo

Bilingual Employees

Our office has two bilingual employees to help serve our taxpayers needs. If you need additional assistance please ask for Chief Appraiser Juan Saucedo or School Tax Collector Maria Guerrero

Holidays

Our Office will be closed in observance of:

January 2^nd – New Year’s Day
January 16^th– Martin Luther King Day
February 20^th – Presidents’ Day
April 7^th – Good Friday
May 29^th– Memorial Day
June 19^th – Juneteenth
June 30^th – July Jubilee
July 4^th– Fourth of July
September 4^th– Labor Day
October 9^th– Columbus Day
November 10^th – Veterans’ Day
November 23^rd – 24^th– Thanksgiving Holiday
December 25^th– 26^th – Christmas Holiday
January 1^st – New Year’s Holiday

Videos

Real
Central Appraisal District

Real Central Appraisal District – Official Site