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   Contact Info     
HCAD
1902 W Pearl St.
Granbury, Texas 76048
 
Phone (817) 573-2471
 
Fax (817) 573-6451
  8:00am-4:30pm, Mon-Fri  
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  Business/Personal Property Depreciation Schedule

Depreciation Schedule for Business Personal Property

Economic Life in Years 20 15 12 10 7 6 5 4 3
EFF AGE YEAR PERCENT GOOD
2007 (01) 95 93 92 90 86 83 80 75 67
2006 (02) 90 87 84 81 73 69 64 56 44
2005 (03) 86 81 77 73 63 58 51 42 30
2004 (04) 81 76 71 66 54 48 41 32 10
2003 (05) 77 71 65 59 46 40 33 20 7
2002 (06) 74 66 59 53 40 33 20 8
2001 (07) 70 62 54 48 34 22 12
2000 (08) 66 58 50 43 24 15 9
1999 (09) 63 54 46 39 17 10
1998 (10) 60 50 42 35 12
1997 (11) 57 47 38 28 11
1996 (12) 54 44 35 22
1995 (13) 51 41 29 18
1994 (14) 49 38 24 14
1993 (15) 46 36 20 11
1992 (16) 44 31 17
1991 (17) 42 27 14
1990 (18) 40 23 12
1989 (19) 38 20
1988 (20) 36 17
1987 (21) 32 15

 

 

 

 

 
 

The following is a typical life expectancies chart by category. It should be used as reference only. The appraiser shall determine what depreciation to use based on appraisal standards, practices and experience.

							
	Furniture and fixtures - 10 yrs			Machinery and equipment - 10 yrs					
	Office Equipment -6 yrs				Computer and related equipment - 4 yrs					
	Signs and leaseholds - 10yrs			Automobiles, trucks, etc. -6 yrs

 
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