Circuit Breaker Limitation2023-12-11T09:55:45-06:00


Beginning in 2024, real property valued at $5 million or less will benefit from a 20 percent limitation on the net appraised value of the property used to calculate property taxes. Each property that qualifies will receive a Notice of Appraised Value, typically in April, that specifies the market value of the property as of January 1. These properties will also have a net appraised value that will be the lesser amount of:

  • last year’s net appraised value plus 20 percent OR
  • this year’s market value.

You must own the property for at least one full calendar year (January through December) before you are eligible for a 20 percent limitation. Properties already receiving a homestead exemption are not eligible and will continue to receive the standard 10 percent limitation on their net appraised value. Should you sell your property, the limitation will be removed and the tax base will increase to the property’s current market value until the new owner is eligible for the same benefit.

The Texas Legislature has currently only authorized the circuit breaker limitation for the 2024, 2025, and 2026 tax years.

You are not required to submit an application to receive a circuit breaker limitation. The appraisal district will automatically apply and calculate these benefits every year.


What if TCAD’s records do not reflect the current ownership of a property?2022-06-27T10:08:48-05:00

TCAD uses deed records recorded with the Travis County Clerk’s office to correct ownership information.  Verify that your deed has been filed with the Travis County Clerk at (512) 854-9188. If, after 90 days from the date of the closing the property, the appraisal records do not reflect the current ownership, please contact the Travis Central Appraisal District at (512) 834-9317.

I did not receive a Notice of Appraised Value. Why not?2022-06-27T10:08:43-05:00

If you have a tax agent or representative you will not receive the notice.  The notice is mailed to the agent of record.  Please contact your tax agent for a copy of the notice.

If your property value increased $1,000 or less, a notice of appraised value will not be mailed.  Property values are available on the TCAD website after notices have been mailed.

When will notices be mailed out?2021-01-20T13:07:48-06:00

Notices of Appraised Value are mailed out in April.

I purchased a property that has been split. When will my name be shown as the owner?2022-06-27T10:07:56-05:00

If you purchased a property that will be split after January 1st, then the ownership will not be updated until the following calendar year.

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