RESIDENTIAL DEPARTMENT

The main function of the Real Property Department is to discover, list, and appraise all real property. All property is appraised at its fair market value as of January 1 st, except as otherwise allowed by federal or state law. The market value of property is determined by the application of generally accepted appraisal methods and techniques required under federal and state law. Same and similar appraisal methods and techniques must be used to appraise similar types of property. In determining the market value of property, an Appraisal District considers the cost, income, and market sales comparison methods of appraisal and uses the most appropriate method or a combination of methods for the property being appraised. For example: 
 
Residential property is appraised using a combination of cost information and market sales data. The residential schedules are built using construction cost data, and then adjusted using available market sales.
 
Commercial property is appraised using the cost approach to value from data taken out of nationally recognized appraisal manuals, local construction cost data and then adjusted as necessary based on the property’s individual characteristics and/or taking into consideration the income and expense data (income approach to value) of comparable properties of the subject property. Whenever market sales data is available, the cost approach is tested for accuracy.
 
 

Disclaimer

**Disclaimer: Through this Website, Webb County Appraisal District has made every effort to facilitate the most current and correct information possible to the public. The information included on these pages has been compiled by the District’s administration from a variety of sources, and is subject to change without notice. The Appraisal District makes no warranties or representations whatsoever regarding the quality, content, completeness, accuracy or adequacy of such information and data. Original records may differ from the information contained on these pages because of the time delays resulting from technical constraints. Verification of information on source documents is recommended. By using this Website, you assume all risks arising out of or associated with access to these Web pages. The Webb County Appraisal District shall not be liable for any damages whatsoever arising out of any causes relating to the use of this Website, including but not limited to mistakes, omissions, deletions, errors, or defects in any information contained in these pages, or any failure to receive or delay in receiving information.


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