Understanding Your Property Appraisal

Understanding Your Property Appraisal

What Does the Lampasas Central Appraisal District Do?

The Lampasas Central Appraisal District (LCAD) is responsible for determining the market value of taxable property within Lampasas County and administering property tax exemptions.

LCAD does not set tax rates. Tax rates are established by local taxing entities such as schools, cities, counties, and special districts.


How Is My Property Value Determined?

Texas law requires property to be appraised at its market value as of January 1 each year.

Market value is generally defined as the price a property would sell for under normal market conditions.

To determine value, appraisers may consider:

  • Recent sales of similar properties
  • Property size, age, condition, and location
  • Construction costs
  • Income produced by certain commercial properties
  • Information gathered through field inspections and property owner submissions

What Types of Property Are Appraised?

LCAD appraises:

Residential Property

  • Single-family homes
  • Mobile homes
  • Duplexes and other residential improvements

Commercial Property

  • Retail buildings
  • Offices
  • Industrial properties
  • Apartments

Business Personal Property

  • Furniture
  • Fixtures
  • Equipment
  • Inventory used in a business

Agricultural and Special Use Property

Properties that qualify for agricultural or wildlife management valuation may receive special appraisal treatment under Texas law.


Exemptions

Exemptions reduce the taxable value of a property and may lower the amount of property taxes owed.

Common exemptions include:

  • General Residence Homestead
  • Over-65 Homestead
  • Disabled Person
  • Disabled Veteran
  • 100% Disabled Veteran

For exemption information and applications, please contact our office.


Why Did I Receive a Notice of Appraised Value?

Property owners may receive a Notice of Appraised Value when:

  • The property’s value increased
  • An exemption changed
  • Ownership changed
  • State law requires notification

The notice includes:

  • Prior year value
  • Current year value
  • Exemptions applied
  • Protest deadline information

What If I Disagree With My Value?

Property owners have the right to protest the appraised value or other actions taken by the appraisal district.

The protest process typically includes:

  1. Informal review with appraisal staff
  2. Formal hearing before the Appraisal Review Board (ARB), if needed

Instructions for filing a protest are included with your Notice of Appraised Value.


Need Assistance?

Lampasas Central Appraisal District staff are available to answer questions regarding property values, exemptions, ownership records, and the protest process.

Lampasas Central Appraisal District
109 E 5th Street
Lampasas, Texas 76550

Phone: (512) 556-8058
Email: info@lampasascad.com

Office Hours: Monday–Friday, 8:00 AM – 4:00 PM