How Mineral Rights Are Taxed in Tarrant County

If you own mineral rights under a producing gas well, the Tarrant Appraisal District will appraise that interest and tax it. The value is based on expected future income from the well. TAD uses a contractor, Pritchard & Abbott, Inc., to help value oil and gas properties.

Minerals become taxable the January 1 after a well starts producing. Bills usually arrive in October. Mineral interests worth less than $500 per taxing unit are exempt. You can protest a mineral appraisal just like a home appraisal. Contact TAD to confirm what you own.