P r o p e r t y T a x
R a i l r o a d R e n d i t i o n o f T a x a b l e P r o p e r t y
Form 50-156
Inventory Sheet
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Name of Railroad:
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Name of taxing unit
Code
Item (1) Property (See Sheet “A”)
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Total Market Value in Unit (Optional)*
Item (2) Property
Railroad Corridor
Includes right-of-way
Market Value Estimate
listed on Sheet “B”
(Required by Law)
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Main line
Miles @ $
Per mile $
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Branch line
Miles @ $
Per mile $
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Side track
Miles @ $
Per mile $
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Total corridor value $
Signals and Communications
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Signals
Miles @ $
Per mile $
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Signals
Miles @ $
Per mile $
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Communication
Miles @ $
Per mile $
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Total Signals and Communications $
Buildings:
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Total Buildings $
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Grand Total Market Value Item (2) in Unit $
Item (3) Property: (See Sheet “C”)
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Total Estimated Market Value Item (3) in Unit (Optional)* $
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Grand Total Market Value Estimate in Taxing Unit (Optional)* $
*NOTE: Although rendering a value is not required, such action entitles the property owner to be notified if an appraised value greater than the
rendered value is to be submitted to the appraisal review board. Property owners may protest appraised values before the appraisal review
board. (Section 25.19, Tax Code)
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