Which information is required for a property rendition valued under $20,000?

In Texas, when a property rendition is valued under $20,000, the requirements are simplified to streamline the reporting process for smaller property owners. For such properties, only the name and address of the property owner are necessary. This minimal requirement helps to reduce the administrative burden on the owner and the appraisal district while ensuring that basic ownership information is collected for assessment purposes.

Larger or more complex properties typically require more detailed information, such as a market value or a tax ID number, to help facilitate accurate property assessments and tax calculations. However, for properties valued below the specified threshold, the state recognizes that a simple identification of the owner is sufficient for assessment purposes, hence the focus on just the name and address.

In contrast, a legal description and detailed improvement information, while important for larger properties, are not mandated for those below the $20,000 mark, demonstrating a regulatory approach that adjusts based on property value.