Texas homeowners will be happy to know that they are eligible for a homestead exemption on a portion of their home’s value. The homestead exemption could potentially save Texas homeowners thousands of dollars each year. It is applicable only to a homeowner’s primary residence. If you’d like to take advantage of the homestead exemption, you’ll have to first find out if you qualify. Then, apply for your exemption between January 1 and no later than April 30 of the year you are applying.
Find Out if You Qualify for a Homestead Exemption
To qualify for the Homestead Exemption, you must own your home as well as live in it as your primary residence on January 1 of the year that you are requesting the exemption.
- You must own your home as of January 1
- You must occupy your home as your main place of residence as of January 1
- Only individual homeowners (not corporations or other entities) may receive a homestead exemption.
- A homestead can be a house, condominium or a manufactured home. It can include up to 20 acres if the land is also owned by the homeowner and used as a yard, or for another purpose related to the residential use of the home.
Required Documents to Apply for Homestead Exemption
You’ll have to have all of the necessary documents to properly apply for your Homestead Exemption. The documents must all show the same homestead address. You can find the correct application and which documents you need to include with your application by visiting your County Appraisal District website. You’ll need to mail all of the documents to the Appraisal District for your County.
Find the information for your County Appraisal District.
There are other homestead exemptions available for Texas homeowners. Here’s a list of homestead exemptions from the Texas Comptroller’s website.
- School taxes: All residence homestead owners may receive a Homestead Exemption from their home’s value for school taxes.
- County taxes: If a county collects a special tax for farm-to-market roads or flood control, a residence homestead owner may receive an exemption for this tax. If the county grants an optional exemption for homeowners age 65 or older or disabled, the owners will receive only the local-option exemption.
- Age 65 or older and disabled exemptions: Individuals 65 and older and/or disabled residence homestead owners may qualify for a Homestead Exemption for school taxes, in addition to the exemption for all homeowners. If the owner qualifies for both the exemption for 65 and older homeowners and the exemption for disabled homeowners, the owner must choose one or the other for school taxes. The owner cannot receive both exemptions. Click here to read about exemptions, limitations and special instructions for homeowners age 65 and over and homeowners with disabilities.
- Optional percentage exemptions: Any taxing unit including a city, county, school, or special district may offer an exemption of a percentage of a home’s value. Each taxing unit decides if it will offer the exemption and at what percentage. This percentage exemption is added to any other home exemption for which an owner qualifies. The taxing unit must decide before July 1 of the tax year to offer this exemption.
- Optional 65 or older or disabled exemptions: Any taxing unit may offer an additional exemption amount for taxpayers age 65 or older and/or disabled.
- Disabled veteran homeowners: Click here for more information about exemptions, limitations and special instructions for disabled veteran homeowners.
If you have additional questions regarding homestead exemptions, you can find many answers on the Texas Comptroller website.