For landowners in Parker, Wise, and Hood Counties, property taxes on unbuilt or rural land can quickly become a significant holding cost if assessed at standard market value. Fortunately, Texas law provides special tax relief through 1-d-1 Open-Space Agricultural Valuation (commonly called an "Ag Exemption") and Wildlife Management Valuation. These special valuations assess land based on its...
Land Buying DFW
Buying raw land or an acreage home in Weatherford and surrounding Parker County is the ultimate Texas dream. Whether you are looking for five acres for a custom home or fifty acres for a working horse property, rural land purchases require a completely different strategy than buying a suburban home in a master-planned neighborhood. From navigating 1-d-1 agricultural valuation rules to inspecting...