How to Find Ag Exemptions in Texas: A Property Search Guide

How to Find Ag Exemptions in Texas: A Property Search Guide

Senior Mortgage Broker
Wes Gregg
Published on January 20, 2023

How to Find Ag Exemptions in Texas: A Property Search Guide

📍 Goals of this Video:
– How to find out if a Property currently has an Ag Exemption.
– How many years the property has been Ag Exempt.

Denton County tax website:
https://propaccess.trueautomation.com/clientdb/?cid=19

We’re talking about an agricultural exemption and how it can save you money.

So guys, I’m a little nervous. I don’t want people showing up at my house. You know what my name is. If you didn’t know this -it’s kind of creepy. But you search ANY county tax website in Texas and find out where people live by looking up their name. So this is, this is my house and I’m gonna show you behind the hood how I look at properties that I’m going to buy that have acreage.

So, as some of you might know, I didn’t grow up in the country. I grew up in the city in Lewisville, Texas. This is some information I wish I would’ve known,

How do you know if a property has an AG exemption on it? Whenever I’m looking at properties to buy, or helping clients do that. This is what you need to know. You go to the tax website for Denton County (Or any Texas County). I’ll put the link in the description below, or you can Google: “Denton County tax website.”

This is what you need to look for. This is very important, Agricultural Market Valuation. 📍 If there’s not a dollar amount there, there’s not an ag exemption on the property. There has to have been an 📍 agricultural exemption. On the property for the last five out of seven years. So if you’re establishing one from scratch, it takes you five years, and that’s a real beating.

I don’t know about you, but I don’t wanna wait around five years. So when I bought this property, I specifically looked and found one that had a agricultural market valuation (aka Ag Exemption).

So if you’ve never looked at the Denton County Tax website, it’s a little 📍 confusing. We can go through here and kind of look at a couple pieces. The first one we look at is values. That’s where that very specific agricultural market valuation is. That’s what we really want to see and look for

next, is the taxing jurisdiction. This is where you can see the appraised value and the taxable value. Appraised value is what you’re able to fight every year. If you’re a homeowner, you get a fun letter from Denton County around May of every year, and it’s letting you know what your new appraised value is.

You can go and fight that value. Good luck with that. They’ve gotten really aggressive over the last couple years. I don’t see that changing anytime soon.

So that taxing jurisdiction is gonna show the appraised value 📍 and then also the taxable value. So the difference here is where the exemptions are applied. So you can look for my specific example. What I’m getting is an exemption based on the agricultural market valuation of $31,950.

You can also see any improvement or building is gonna be notated here. Important distinction here is anything that’s not fenced in or being used for AG they’re gonna call that your home site. So you can see here my home site’s 1.23 acres and then I have 0.6 acres fenced in

Lastly, You’re only going to get an exemption on the amount of land that you’re using for agricultural use.

Reach out for help!
(817) 781-9392
www.wesgregg.com

Senior Mortgage Broker
Wes Gregg Senior Mortgage Broker
Click to Call or Text:
(817) 781-9392