The time has come to file for the Homestead Exemption for property taxes. If you have purchased your primary residence in 2013 (resided there as of 1/1/2014), then you can claim the homestead exemption on your property taxes. Homestead Exemption forms can be filed between January 1st and April 30th. In an effort to help make your life a little easier, I have provided the links or phone numbers to download or request the Homestead Exemption forms that apply to all homeowners. The Homestead Exemption forms for those over 65, the disabled, disabled veterans, and surviving spouses are also included.
What is a Homestead Exemption?
In short, a homestead exemption in Texas is an exemption that removes part of the value of your property from being taxed and thereby lowering your property taxes. For example, if your home has a tax appraised value of $100,000 and you qualify for an exemption of $20,000, you pay taxes on your home as if it is only work $80,000.
What Exemptions Are There?
Beyond the standard Homestead Exemption, there are also exemptions for the disabled, seniors over the age of 65, veterans and other local & county exemptions.
For more information on exemptions…Click Here.
If you have any questions, feel free to contact me and I would be happy to help however I can!