How are production values set for Agricultural properties?
Values are based on typical income for cash lease minus typical expenses, capitalized at a rate (CAP Rate) published by the Comptroller’s Office.
Bastrop, Texas 78602
7:30 a.m. - 4:30 p.m.
“To provide quality service with the highest principles of integrity, professionalism, and respect. We will uphold these standards while providing an accurate, fair, and cost-effective appraisal roll for use in property tax assessment, while adhering to the property tax laws of the State of Texas.”