Ag Valuation
Ranch Land May Qualify for an Agricultural Valuation
Land used for farming or ranching can be taxed on its ag value instead of its full market value. That is usually much lower.
Texas law lets farmland and ranch land be taxed at a lower rate. This is called a productivity value, or ag valuation. It is based on what the land earns from agriculture, not what someone would pay to buy it.
In Crockett County, most land is ranched for cattle, sheep, and Angora goats. Many properties already have this valuation. If you buy land with an ag valuation, you must keep up the qualifying agricultural use. If you stop, the valuation can be removed.
If the ag valuation is removed, you may owe a rollback tax. That means back taxes for each of the three years the land had the lower appraisal, plus interest. Before you buy ranch land, ask if the ag valuation is in place. Ask what activity is being used to qualify for it.
To apply, contact the Crockett County Appraisal District — the local office that sets property values. The Texas Comptroller's website lists qualifying uses and explains how to apply.
Source to confirm: Texas Comptroller — Agricultural and Timber Exemptions