Tax & Accounting Blog

2014 Capitalization Rates in Texas

Blog February 21, 2014

agriculture texas

The Texas Comptroller of Public Accounts recently declared that the 2014 capitalization rates. For appraising agricultural or open-space land, the cap rate is 10%, and for timberland it is 8%. Capitalization rates are required to be used by county appraisal districts in Texas to calculate the productivity values of agricultural and timberland. For additional information, visit To read about the methods used for determining and calculating cap rate for agricultural and timberland values, see Tax Code Sections 23.53 and 23.74: