Texas Rollback Tax Clarification

Summary

Rollback taxes in Texas apply for the past 5 years if land use changes from agricultural to non-agricultural. The tax is the difference between the taxes paid under special appraisal and market value taxes, plus 7% interest. Consult a local tax attorney or county appraisal district for specific guidance. Legal fees vary, and some attorneys offer flexible payment options.

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So I have lived on * acres in a double wide trailer and pay taxes on owned by my parents for 40 years. Mom just sold * acres with her house. She is having the other * divided between me and my brother. He built house on * acre. Deal is mom has to now pay * in roll back taxes on land we've lived on, thought we owned by to platt they asked *. I am wondering if we have to pay roll back? Dad died. Mom *. Had to sell because property taxes went up * percent. Fact. Thought it was typo from county. Any insight appreciated.
Hi ****!
In Texas, rollback taxes may apply if the land was previously appraised under an agricultural or open-space valuation and then changes to a non-agricultural use.
- The rollback tax is the difference between the taxes paid under the special appraisal and the taxes that would have been paid if the land had been taxed at market value for the past 5 years.
- The penalty includes interest at an annual rate of *%.
To determine if you must pay the rollback taxes, consult a local tax attorney or the county appraisal district. They can provide specific guidance based on the details of your situation.
Would you like to be connected to local lawyers who can assist you further with this issue?
Thank you so much for that. So are we only responsible for 5 years or *. Dad died 12 years ago. Thanks again.
Hi ****! In Texas, rollback taxes typically apply for the past 5 years, not *. This means you would be responsible for the difference in taxes for the last 5 years, plus any applicable interest.
Would you like to be connected to a local lawyer who can provide more detailed assistance with your situation?
Not yet. I wonder what rate they charge since we earn next to nothing. Kind of a joke.
Case Rating: *
Hi ****! I understand your concern about the costs. Legal fees can vary widely depending on the complexity of the case and the lawyer's experience. Some lawyers may offer a free initial consultation or work on a sliding scale based on income. It might be worth reaching out to a few local attorneys to understand their rates and see if they offer any flexible payment options.
Is there any other legal information you need regarding your situation?
No you've helped me. If we owe well pay and 5 years sounds a lot better. Just knowing helps us to know what to do next. Thank you so much.
Case Rating: *
Hi ****! I'm glad I could help clarify things for you. If you have any other questions in the future or need further assistance, feel free to reach out. Good luck with everything!