Sec. 23.25. APPRAISAL OF LAND USED FOR SINGLE-FAMILY RESIDENTIAL PURPOSES THAT IS CONTIGUOUS TO AGRICULTURAL OR OPEN-SPACE LAND WITH COMMON OWNERSHIP. (a) This section applies only to the appraisal of a parcel of land that:
(1) is used for single-family residential purposes; and
(2) is contiguous to a parcel of land that is:
(A) appraised under Subchapter C or D; and
(B) owned by:
(i) the same person;
(ii) the person's spouse;
(iii) an individual related within the first degree of consanguinity to the person; or
(iv) a legal entity that is affiliated with the person.
(b) In appraising the parcel of land, the chief appraiser shall:
(1) determine the price for which the parcel of land being appraised and the contiguous parcel of land described by Subsection (a)(2) would sell if both parcels were sold as a single combined parcel of land; and
(2) attribute a portion of the amount determined under Subdivision (1) to the parcel of land being appraised based on the proportion that the size of the parcel of land being appraised bears to the size of the single combined parcel of land described by Subdivision (1).
(c) If the chief appraiser uses the market data comparison method of appraisal to appraise the parcel of land, the chief appraiser may not use comparable sales data pertaining to the sale of land located in the corporate limits of a municipality.
Added by Acts 2007, 80th Leg., R.S., Ch. 1112 (H.B. 3630), Sec. 1, eff. January 1, 2008.
Structure Texas Statutes
Subtitle D - Appraisal and Assessment
Chapter 23 - Appraisal Methods and Procedures
Subchapter B. Special Appraisal Provisions
Section 23.11. Governmental Action That Constitutes Taking
Section 23.121. Dealer's Motor Vehicle Inventory; Value
Section 23.1211. Temporary Production Aircraft; Value
Section 23.122. Prepayment of Taxes by Certain Taxpayers
Section 23.123. Declarations and Statements Confidential
Section 23.124. Dealer's Vessel and Outboard Motor Inventory; Value
Section 23.1241. Dealer's Heavy Equipment Inventory; Value
Section 23.1242. Prepayment of Taxes by Heavy Equipment Dealers
Section 23.1243. Refund of Prepayment of Taxes on Fleet Transaction
Section 23.125. Prepayment of Taxes by Certain Taxpayers
Section 23.126. Declarations and Statements Confidential
Section 23.127. Retail Manufactured Housing Inventory; Value
Section 23.128. Prepayment of Taxes by Manufactured Housing Retailers
Section 23.129. Waiver of Certain Penalties
Section 23.13. Taxable Leaseholds
Section 23.135. License to Occupy Dwelling Unit in Tax-Exempt Retirement Community
Section 23.14. Appraisal of Property Subject to Environmental Response Requirement
Section 23.15. Intangibles of an Insurance Company
Section 23.16. Intangibles of a Savings and Loan Association
Section 23.17. Mineral Interest Not Being Produced
Section 23.175. Oil or Gas Interest
Section 23.18. Property Owned by a Nonprofit Homeowners' Organization for the Benefit of Its Members
Section 23.20. Waiver of Special Appraisal
Section 23.21. Property Used to Provide Affordable Housing
Section 23.22. Land Use of Which Is Restricted by Governmental Entity
Section 23.23. Limitation on Appraised Value of Residence Homestead