Yndo Urban

Real Estate Company

Texas State historic tax credits

In 2013 the Texas State Legislature passed tax reform measures that incentivize the rehabilitation of certified historic structures. The new state historic preservation tax credit is worth 25% of the qualified rehab expenses of a project. If you own, or are thinking of investing in a historic property you need to know about the financial incentives available. There has never been a better time to rehabilitate a historic property.

State Historic Tax Credit Basics:

  • Worth 25% of qualified rehab expenses
  • Is applied to State Franchise Tax
  • Can be sold
  • ​Can be combined with local and federal incentives
  • ​Building must be income-producing
  • ​Building must be designated historic at state or federal level
  • Rehabilitation work must meet the Secretary of the Interior's Standards for Rehabilitation

Let our team help you bring new life to your historic building. Our services include:

  • Identifying and packaging local, state, and federal incentives that make rehab projects profitable.
  • Historic Designation
  • Finding the highest and best use of your building
  • Design review assistance at local level and state agency (Texas Historical Commission)

Learn more about the benefits of state historic tax credits

Texas' program is just starting, but North Carolina has seen significant economic benefits from their state tax credit program.