Lone Star Ranch Management

Ranch Tax Strategies

Agricultural Tax Strategies for Ranch and Texas Land Owners

With experience in managing land for agricultural and conservation tax strategies, our team can help you get the most out of your land –– and your finances –– every year.

If you’re facing eye-popping property taxes on your ranch or land in Texas, you may have options.

We can help with:

  • deploying agriculture or conservation tax exemptions where they don’t exist
  • continuing or expanding ranch tax strategies in Texas that you’ve already started

Types of Texas Property Tax Strategies

Conservation Easements
& Wildlife Exemptions

Substantial tax savings opportunities exist for landowners who commit to protecting their land for cultural, natural, or productive features with conservation easements, or by turning agricultural land into wildlife-dedicated open spaces.
This can sometimes include federal and state income tax savings, as well as local property tax reductions.
In many of these situations, the landowner will be required to demonstrate conservation and wildlife management efforts –– Lone Star Ranch Management can help. Most regions require a comprehensive wildlife management plan describing historic and current land use practices, establishing goals for the property, and identifying activities designed to benefit wildlife species and their habitats.
We have experience planning and implementing these wildlife management efforts based on local requirements.

Agriculture Exemptions

If you have or plan to maintain agricultural land in Texas, you might be eligible for a Texas agricultural property tax exemption (ag exemption or agricultural exemption).
This is sometimes called an “open space” land appraisal and does not use the traditional market value or capitalization rate that is frequently applied to commercial, residential, and home-use properties.
Of course, agricultural exemptions generally require some agricultural effort on your land. We can help.
Our team has experience in designing and executing on agricultural goals for property tax exemption purposes. Many requirements revolve around head of cattle grazed, bales of hay produced, hay leases, and other measures of “farming” productivity.
Not only can agricultural exemptions be incredible ways to save on your property taxes, these efforts can also create income tax deductions based on equipment, land improvements, and more.

Tax Strategies for Ranches In Texas

Your tax professional can help you identify the best tax-savings opportunities based on your Texas property and locale.
Then we can bring the plan to life.

From cattle grazing to preparing a property for wildlife management and trophy hunting opportunities, many Texas landowners have options when it comes to reducing their property (and sometimes income) tax burden.

Reduced tax burden may have been what attracted you to Texas in the first place. The state of Texas levies no property taxes; these are all assessed and administered locally.

Parts of the Brazos Valley and Texas Hill Country provide partial or full (sometimes called absolute) exemptions from appraised property values used to determine local property taxes.

In many cases, ranch owners can reduce their property tax bill by more than 80%. For individuals or families with hundreds of acres of land, that can mean tens of thousands in tax savings every year.

Learn More About Tax Breaks With Lone Star’s Help

We love talking ranching and we love talking agriculture. If you’re thinking about tax savings opportunities for your property in Brazos Vallery, get in touch to learn more about our turnkey management services and how a quality plan can help.