Did you know you may be entitled to a homestead exemption (discount) on your property taxes?  There are several types of exemptions in Texas.  The homestead exemption is the most common.  After purchasing a home, you should contact the County Appraisal District and ask for the forms to complete for the homestead exemption.  If I represented you on a real estate purchase in the last year, then I will send you a form to remind you to file for your homestead exemption.  Most title companies give you the forms you will need at closing, but you have to remember to file for the exemption.  The “over 65” exemption is good if one of the recorded owners of the property is 65 years old or older.  The disability exemption is based upon a legal disability and typically corresponds to the percentage of the declared disability .  Exemptions are granted using specific guidelines establised in the law.  To qualify for an exemption, it is the homeowner’s responsibility to file for the exemption through the Appraisal District.

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  • Zafar

    Hi
    Thanks Shannon for the information. I do get the $15000 homestead exemption from the school district but the law states that I can get upto 20%. Quoting the text below. How can i get 20% exemption from the Taxing units.

    “For example, your home is appraised at $100,000, and you qualify for a $15,000 exemption (this is the amount mandated for school districts), you will pay school taxes on the home as if it was worth only $85,000. Taxing units have the option to offer a separate exemption of up to 20 percent of the total value.”

    You help is much appreciated.

    Thanks

  • Roulette Profi

    I cannot believe this is true!

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