1 D 1 Open Space Agricultural Valuation (Form 50-129) - Fill Out and Use This PDF

1 D 1 Open Space Agricultural Valuation PDF Details

The 1-D-1 Open Space Agricultural Valuation form, officially known as Form 50-129, allows qualifying Texas landowners to have their property appraised based on agricultural use value instead of market value. This mechanism is established in Article VIII, Section 1-d-1 of the Texas Constitution and Chapter 23, Subchapter D of the Texas Property Tax Code.

Who Qualifies for 1-D-1 Agricultural Valuation

To be eligible, your land must meet at least one of the following conditions:

• The land has been used primarily for agriculture for at least five of the preceding seven years.
• The land is used for wildlife management under a qualified management plan.
• The land supports conservation efforts protecting federally listed endangered species.

Tax Implications and Deadlines

The appraisal value is based on the net income the land could produce from typical agricultural leases in the area. Landowners must file Form 50-129 with the county chief appraiser before May 1 each year. A change in land use or ownership may trigger rollback taxes covering the previous three to five years. Detailed documentation of land use, management practices, and total acreage is required.

This valuation pathway provides real economic benefits for those engaged in agriculture, wildlife management, or conservation. Understanding the requirements and deadlines before applying is critical. You can also review the related property tax Form 50-285 for other Texas property tax exemption options.