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Case addressing open space valuation of property with cattle grazing & quarry activity

Case addressing open space valuation of property with cattle grazing & quarry activity

A recent case from the Ft. Worth Court of Appeals, Hood County Appraisal District v. Mandy Ann Management Ltd., discusses whether property used for grazing cattle on which a quarry is present qualifies for open space tax valuation.

Mandy Ann Management Ltd. (“Mandy”) owns 679 acres in Hood County. The property was purchased by Mandy’s owner, Michael Arnold, in 2006 and he transferred the ownership to Mandy in 2016. The property is shaped like an upside down L. Mandy’s property is surrounded to the north and west by ranches. Mandy’s property is used to graze cattle, and it is also home to a quarry. Since 2006, the 75-acre quarry has been valued as commercial, while the remaining 604 acres was valued as open space agricultural land by the Hood County Appraisal District (“CAD”).

Read more from Texas Agriculture Law Blog here.