Re-Investment Zones and 381 Agreement Unit Codes

In cooperation with local taxing units, the Montgomery Central Appraisal District has established certain unit codes for tracking purposes only.  These codes appear on the Notice of Appraised Values.  These codes are as follows:

Reinvestment Zones

  • RZ3A      CCO Tax Increment Reinvestment Zone #3 (City Ex)
  • RZ3        CCO Tax Increment Reinvestment Zone #3 (City Ex)
  • RCH        City of Houston Reinvestment Zone 10
  • RZ4A      City of Oak Ridge North Reinvestment Zone #1 (City Ex)
  • RZ4        City of Oak Ridge North Reinvestment Zone #1 (Co Ex)
  • RW1A    City of Willis Reinvestment Zone 1 (City Ex)
  • RW1      City of Willis Reinvestment Zone 1  (Co Ex)

 

381 Agreement

  • ZAMD   (381 AGRMT) Audubon Magnolia Development District
  • ZCD1      (381 AGRMT) Conroe MUNICIPLE MGMT DIST 1
  • ZTR         (381 AGRMT) TOWNSEND ROAD
  • ZVRT      (381 AGRMT) Valley Ranch Town Center Mgmt Dist

Both Reinvestment Zones and 381 Agreements are development areas established by local taxing units.  The properties that fall within the boundaries of these agreements or zones are coded as such by the Montgomery Central Appraisal District.  There is no tax rate associated with these codes and are for tracking purposes only.

Contact Information
(936) 756-3354
PO Box 2233
Conroe, TX 77305
Monday - Friday
8:00 a.m. - 5:00 p.m.
Chief Appraiser
Tony Belinoski
2021 Low Income Cap Rate

Pursuant to Sec. 11.1825(r) of the Texas Property Tax Code, The Montgomery County Appraisal District gives public notice of the capitalization rate to be used for the 2021 Tax Year to value properties receiving exemptions under this section. Rent restricted properties vary widely. These variations can have an effect on the valuation of the property. A basic capitalization rate of 10.0% will be used to value these properties; although adjustments may be made on the individual property characteristics and the information provided to the chief appraiser as required under Sections 11.182(d) and (g) of the Property Tax Code.