# Tex. Tax Code § 23.011: COST METHOD OF APPRAISAL

> Texas · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_TX_Ctx_C23_S23.011

## Section

- **Citation:** Tex. Tax Code § 23.011
- **Heading:** COST METHOD OF APPRAISAL
- **Jurisdiction:** Texas
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** TX Code / Code tx / Chapter 23 / Section 23.011

## Text

If the chief appraiser uses the cost method of appraisal to determine the market value of real property, the chief appraiser shall:

(1) use cost data obtained from generally accepted sources;

(2) make any appropriate adjustment for physical, functional, or economic obsolescence;

(3) make available to the public on request cost data developed and used by the chief appraiser as applied to all properties within a property category and may charge a reasonable fee to the public for the data;

(4) clearly state the reason for any variation between generally accepted cost data and locally produced cost data if the data vary by more than 10 percent; and

(5) make available to the property owner on request all applicable market data that demonstrate the difference between the replacement cost of the improvements to the property and the depreciated value of the improvements.

## Nearby sections

- [Tex. Tax Code § 23.01 § 23.01. APPRAISALS GENERALLY.](https://www.frixlaw.com/law-library/statutes/STATE_TX_Ctx_C23_S23.01.md)
- [Tex. Tax Code § 23.03 § 23.03. COMPILATION OF LARGE PROPERTIES AND PROPERTIES SUBJECT TO LIMITATION ON APPRAISED OR TAXABLE VALUE.](https://www.frixlaw.com/law-library/statutes/STATE_TX_Ctx_C23_S23.03.md)
- [Tex. Tax Code § 23.011 § 23.011. COST METHOD OF APPRAISAL.](https://www.frixlaw.com/law-library/statutes/STATE_TX_Ctx_C23_S23.011.md)
- [Tex. Tax Code § 23.11 § 23.11. GOVERNMENTAL ACTION THAT CONSTITUTES TAKING.](https://www.frixlaw.com/law-library/statutes/STATE_TX_Ctx_C23_S23.11.md)
- [Tex. Tax Code § 23.012 § 23.012. INCOME METHOD OF APPRAISAL.](https://www.frixlaw.com/law-library/statutes/STATE_TX_Ctx_C23_S23.012.md)
- [Tex. Tax Code § 23.12 § 23.12. INVENTORY.](https://www.frixlaw.com/law-library/statutes/STATE_TX_Ctx_C23_S23.12.md)
- [Tex. Tax Code § 23.13 § 23.13. TAXABLE LEASEHOLDS.](https://www.frixlaw.com/law-library/statutes/STATE_TX_Ctx_C23_S23.13.md)
- [Tex. Tax Code § 23.013 § 23.013. MARKET DATA COMPARISON METHOD OF APPRAISAL.](https://www.frixlaw.com/law-library/statutes/STATE_TX_Ctx_C23_S23.013.md)
- [Tex. Tax Code § 23.014 § 23.014. EXCLUSION OF PROPERTY AS REAL PROPERTY.](https://www.frixlaw.com/law-library/statutes/STATE_TX_Ctx_C23_S23.014.md)
- [Tex. Tax Code § 23.14 § 23.14. APPRAISAL OF PROPERTY SUBJECT TO ENVIRONMENTAL RESPONSE REQUIREMENT.](https://www.frixlaw.com/law-library/statutes/STATE_TX_Ctx_C23_S23.14.md)
- [Tex. Tax Code § 23.17 § 23.17. MINERAL INTEREST NOT BEING PRODUCED.](https://www.frixlaw.com/law-library/statutes/STATE_TX_Ctx_C23_S23.17.md)
- [Tex. Tax Code § 23.18 § 23.18. PROPERTY OWNED BY A NONPROFIT HOMEOWNERS' ORGANIZATION FOR THE BENEFIT OF ITS MEMBERS.](https://www.frixlaw.com/law-library/statutes/STATE_TX_Ctx_C23_S23.18.md)
- [Tex. Tax Code § 23.19 § 23.19. PROPERTY OCCUPIED BY STOCKHOLDERS OF CORPORATION INCORPORATED UNDER COOPERATIVE ASSOCIATION ACT.](https://www.frixlaw.com/law-library/statutes/STATE_TX_Ctx_C23_S23.19.md)
- [Tex. Tax Code § 23.20 § 23.20. WAIVER OF SPECIAL APPRAISAL.](https://www.frixlaw.com/law-library/statutes/STATE_TX_Ctx_C23_S23.20.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_TX_Ctx_C23_S23.011. Check the current official text before relying on it. Not legal advice.