Parker County Appraisal District v. James D. Francis

OPINION

SUE WALKER, Justice.

I. Introduction

This is a property tax appeal from a judgment following a bench trial on stipulated facts. The primary issue we address is whether under the Texas Tax Code a tract of real property may qualify for the residence homestead exemption and the open-space land valuation at the same time. See Tex. Tax Code Ann. §§ 11.13, 23.51 (West Supp.2013). Because we hold that — based on the narrow issue presented by the stipulated facts before us — the three-acre tract of real property at issue here qualifies for both the residence homestead exemption and the…