How Mineral Rights Are Taxed in Tarrant County

A mineral interest becomes taxable on January 1 after a well starts to produce. TAD puts a value on the account. That value is based on the income the well is likely to make in the years ahead. The Tarrant County Tax Office sends and collects the bill.

For the $500 rule, TAD adds all mineral interests one person owns in the same taxing unit. The interests are exempt from that unit's tax if their combined taxable value is less than $500. Check the well, lease, owner, and decimal share on the account. If a fact or value looks wrong, file a protest with TAD. A tax account is not proof of mineral title.