What is a Homestead Exemption?
A homestead exemption reduces the taxable value of your primary residence, resulting in lower property taxes. In Texas, homeowners can save hundreds or thousands of dollars annually with proper exemptions.
Reduce Taxable Value
Lower the assessed value of your home for tax purposes
The standard homestead exemption reduces your home's taxable value by a set amount, directly reducing your property tax bill.
Protect Your Home
Additional legal protections for your primary residence
Homestead exemptions provide protection from certain creditors and may limit property tax increases in some circumstances.
Primary Residence Only
Available only for your main home, not investment properties
You can only claim a homestead exemption on one property - your primary residence where you live most of the year.
Types of Homestead Exemptions in Texas
Multiple exemption types may apply to your property
General Homestead Exemption
Standard exemption for all homeowners
Eligibility:
- Own and occupy the property as your primary residence
- Property must be your principal residence on January 1st
Benefits:
- Reduces taxable value (amount varies by district)
- May limit annual assessment increases
Over-65 Exemption
Additional exemption for seniors
Eligibility:
- Age 65 or older on January 1st
- Must have general homestead exemption
Benefits:
- Additional reduction in taxable value
- Tax ceiling protection (taxes won't increase)
Disabled Person Exemption
Exemption for disabled homeowners
Eligibility:
- Qualified disabled person or veteran
- Must have general homestead exemption
Benefits:
- Additional reduction in taxable value
- Tax ceiling protection similar to over-65
Disabled Veteran Exemption
Special exemption for disabled veterans
Eligibility:
- Veteran with service-connected disability
- Disability rating from VA
Benefits:
- Percentage-based exemption (varies by disability rating)
- Can be substantial for higher disability ratings
How to Apply for Homestead Exemptions
Follow these steps to ensure your exemption is properly filed
Determine Eligibility
Verify that you own and occupy the property as your primary residence on January 1st of the tax year.
Gather Required Documents
Collect your driver's license or ID with the property address, proof of ownership (deed or title), and any additional documents for special exemptions (age verification, disability documentation, etc.).
File Application
Submit your homestead exemption application to your county appraisal district. Applications are typically due by April 30th, but deadlines may vary.
Wait for Approval
The appraisal district will review your application and notify you of approval or any issues that need to be addressed.
Verify on Tax Statement
Check your property tax statement to confirm the exemption is applied and your taxable value is reduced.
Annual Renewal (If Needed)
Most exemptions continue automatically, but notify the district if you move or your eligibility changes.
Important Information
Key facts about homestead exemptions in Texas
Deadline: April 30th
Homestead exemption applications are typically due by April 30th of each year. Late applications may be accepted but could delay benefits. Check with your local appraisal district for exact deadlines.
One Property Only
You can only claim a homestead exemption on one property - your primary residence. If you own multiple properties, choose the one where you live most of the year.
Automatic Renewal
Once approved, most homestead exemptions continue automatically each year. You only need to reapply if you move, change ownership, or your eligibility status changes.
Amounts Vary by District
The dollar amount of homestead exemptions varies by appraisal district. Some districts offer additional exemptions beyond the state minimum. Check with your local district for specific amounts.
Potential Savings with Homestead Exemptions
See how exemptions can reduce your property tax burden
Example: $400,000 Home
Typical savings with standard homestead exemption
Assessed Value
$400,000
Homestead Exemption
$40,000
(Typical amount, varies by district)
Taxable Value (After Exemption)
$360,000
Tax Rate
2.25%
Taxes Without Exemption
$9,000
Taxes With Exemption
$8,100
Annual Savings
$900
Note: Exemption amounts and tax rates vary by appraisal district. This is an example calculation. Actual savings depend on your specific district and property value.
Need Help with Your Homestead Exemption?
Our team can help you determine eligibility, file applications, and ensure you're receiving all exemptions you qualify for. Contact us today for assistance.