Filing for Homestead Exemption will help you SAVE on taxes for your home. In order to qualify you have to own and reside in your home on Jan 1st of the tax year, you have occupied your home as your principal residence and you and your spouse have not claimed a residence Homestead Exemption on any other property. Deadline to file for Exemption is Jan 1st – April 30th. So don’t waste time! Just go to www.hcad.com for instructions on how to submit your application.