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News Release for immediate publication: Delta County Property Owners should be receiving their Truth-in-Taxation Postcard Notice for 2021. Pursuant to new Texas Property Tax Code “Truth-in-taxation” requirements added by Senate Bill 2 in 2019, The Delta County Appraisal District (DCAD) mailed out approximately 4,000 postcards on August 6th, 2021 per Chief Appraiser […]
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DELTA COUNTY APPRAISAL DISTRICT 1280 W DALLAS AVE * PO BOX 47 * COOPER, TX 75432 Ph. (903) 395-4118 Fax (903) 395-4455 Email: support@delta-cad.org Website: www.delta-cad.org May 14, 2021 Dear Property Owner, The real estate market in Delta County is very strong and continues to grow at a […]
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 Section 11.1825. 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 2022 Capitalization rate for Delta County Appraisal District is between 8.5% and 9.5%.