Hunting and wildlife have become an increasingly important source of both income and recreation on ranches across Texas. As landowners have sought ways to maximize wildlife habitat, restoring rangeland with native plants and grasses have garnered a growing amount of attention.
If you own ranch property in the Lone Star State, you understand this too well. Every county in Texas was plagued by drought at least one out of the last five years. And in 2011, parched pastures led to a historic reduction in Texas cattle numbers, as ranchers reduced their herd size in order to cut their losses.
Ruben Cantu and Greg Simons of Wildlife Consultants offer their expert advice on 1-d-1 valuations and implications for property and land owners' taxes.
Interview with Texas broker David E. Culver
Expert advice regarding rural property taxes in Texas