Prince George's County, MD — Property Tax Underwriting Guide
Maryland · Cyclical hold until revaluation
What this means for multifamily underwriting
Prince George's County is a growing DC-suburb multifamily market with improving demographics and proximity to Metro lines. The triennial cycle provides tax stability between reassessments.
Transaction type breakdown
Prince George's County follows the same Maryland SDAT triennial reassessment cycle. A sale does not trigger off-cycle reassessment.
Refinance has no effect on assessed value.
Ownership transfer does not trigger an off-cycle reassessment; the triennial cycle governs.
Tax appeal information
11.0 mill (1.1% effective) is an estimate for Prince George's County.
Guide review
County guidance last reviewed: June 15, 2026
Tax-rate scope: Tax-rate scope is not established as parcel-specific; confirm the parcel's taxing-authority stack.
Official sources: SDAT (Maryland Assessor)
Triennial model is well established for Prince George's; millage is a combined-rate estimate.
Parclio estimates are underwriting guidance, not legal or tax advice. Always verify millage rates, the seller's assessed value, and appeal deadlines with the county assessor or local counsel before relying on these numbers for a credit decision.
Run a tax reset estimate for Prince George's County
Use Parclio's estimator to model the post-closing tax bill, NOI impact, DSCR change, and underwriting memo language for your next Prince George's County deal.