I'm looking to buy ~50 acres south of Houston that is currently contiguous and heavily wooded, but does not have any ag on it that I'm aware of.
I'd like to keep the land largely the same and hold it as an investment property, but 5 years of property tax just to work my way up to an application for ag exemption is going to be a sticking point, financially.
It seems a little counter intuitive that I'd need to clear the property and practice some sort of ag management before I can even apply for a wildlife / habitat management exemption.
Does anyone know of any waivers in the process to expedite the process or other recommendations?
Sorry I'm a bit new to this, so I appreciate any insight you guys and gals may have.
I'd like to keep the land largely the same and hold it as an investment property, but 5 years of property tax just to work my way up to an application for ag exemption is going to be a sticking point, financially.
It seems a little counter intuitive that I'd need to clear the property and practice some sort of ag management before I can even apply for a wildlife / habitat management exemption.
Does anyone know of any waivers in the process to expedite the process or other recommendations?
Sorry I'm a bit new to this, so I appreciate any insight you guys and gals may have.