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AGRICULTURE & WILDLIFE TAX APPRAISAL IN TEXAS
How to Maximize Your Land’s Potential STORY BY MICHAL ANN MORRISON FOR FREDERICKSBURG REALT Y
Of all the calls Texas can make to the heart of a Texan, owning some of its land may be the strongest.
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F YOU’RE A TEXAS LANDOWNER, you’re in good company; 97 percent of our state is privately owned and managed. Accompanying the thrill of owning property in Texas, though, is that all-too-familiar sting of the state’s high property taxes, which begs the question—how can landowners maximize the use of their property?
The two main ways to strategically maximize your land’s potential while saving money are through agriculture production and wildlife management. For property owners that utilize their land for agricultural purposes, like growing crops, or to improve native wildlife populations, Texas has provided valuation methods to help offset the cost of high property tax rates. SPRING 2020
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TEXAS LAND
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