Ag Valuation Can Cut Taxes on Ranch and Farm Land

Sheep, goats, or cattle on a pasture do not guarantee agricultural appraisal. For the common 1-d-1 program, agriculture must be the land's main current use. The work must also meet the level accepted in the area.

The tract generally needs qualifying farm, ranch, or timber use in five of the past seven years. File Form 50-129 with Tom Green CAD. The appraisal district, not the seller's old tax bill, decides whether the land qualifies.

A later switch to a nonfarm use can bring added taxes for the prior three years, with state exceptions. Before dividing or changing the tract, ask the CAD how it is classified and how the planned use would affect that appraisal.