How often must properties be inspected and valued by the appraisal district to estimate market value?

In Texas, appraisal districts are mandated to inspect and value properties at least once every three years to estimate their market value accurately. This process is essential for ensuring that property taxes reflect current market conditions and maintain fairness in the assessment of property value. By requiring this inspection frequency, the appraisal district can capture any substantial changes in property characteristics, such as renovations, new constructions, or changes in the market that might affect property values. This schedule ensures that property assessments are updated and reflect a more realistic valuation, which is crucial for both property owners and the district in maintaining equitable tax assessments.

Properties may be inspected more frequently than this standard requirement as determined by local appraisal districts or as necessitated by specific circumstances like appeals or significant property changes, yet every three years is the established baseline for the regular assessment cycle.