I actually have two questions :)
But here's some basic info: I have about 2.5 acres and have a lease for my mineral rights to XTO. I get checks monthly, although not in great amounts. Now I have received my tax bills from the county. It is incredible how much the county is taxing each well for! Altogether, my taxes will be over $1,000! Just for my mineral rights! Trust me, I don't get that much in a month (or two or three even) from the royalties!
1) Has anyone protested their mineral rights tax amounts with Tarrant county? And if so, were you successful? What type of information did you use?
2) Can I be taxed in two counties for a well? I am part of a large group/pool. Without looking it up, I think it's about 200 acres or so. I am in very southern Tarrant county, so it wouldn't surprise me if part of the land contained in this group is in Johnson county. However, I've now received a tax bill for two of the wells from Johnson county. I went through my Tarrant county bills and found tax bills for the SAME EXACT wells! Is that possible? To be doubly taxed?? It seems unfair to me! For example, one line on the tax bill is for Mansfield school taxes. Why do I have to pay Mansfield school taxes TWICE on the same well???
(I also found it interesting how great the "appraised value" varied from county to county --- over $4,000 difference per well!!)
I hope someone can help me.
Or direct me to someone who can.