The property tax appraisal game

Market values and taxable valuations rise across area

Housing demand has increased as more people are calling Lampasas County home. To date, hundreds of new homes have been built in the county since 2019. MONIQUE BRAND | DISPATCH RECORD
Housing demand has increased as more people are calling Lampasas County home. To date, hundreds of new homes have been built in the county since 2019. MONIQUE BRAND | DISPATCH RECORD

Lampasas County homes saw a huge increase in market value in the last year as well as a significant increase in taxable value, and while local officials said that low interest rates are the cause, more rate spikes may be in the nation’s future.

Susan Jones, Lampasas County Appraisal District chief appraiser, cites previously low interest rates in the significant rise of taxable property values in n…