Homestead Exemptions

Homestead exemptions are designed to save Texas homeowners money on their annual property tax bill. You may know that every residential homestead qualifies for a $25,000 state-mandated school exemption, lowering the taxable value of the property, but did you know that homeowners who are disabled or who are 65 or older qualify for an additional state-mandated school exemption of $10,000? And disabled veterans and certain dependents of veterans may qualify for an additional exemption.

Local entities may also offer local option homestead exemptions, which could further lower your tax liability. Please check with your local taxing entities to see if they offer a local option homestead exemption. If not, ask them to implement one!

The infographic below explains who can benefit from state-mandated school homestead exemptions and how they save Texas homeowners money. Plug in your own numbers to calculate your savings.

homesteadexemptions

See More

Senate Select Committee on Property Tax Reform & Relief video recap

Watch the Senate Select Committee on Property Tax Reform & Relief’s video recap of what they heard from property owners concerned about increasing property taxes.

How to calculate your property tax bill

This infographic breaks down your property tax bill, which is based on how many taxing entities are in your area.

Watch Streaming Video [External Link]

Watch the live stream from the Senate Select Committee on Property Tax Reform and Relief or view previously recorded sessions at any time.

What is the hidden property tax?

This video explains how property tax rates are calculated in Texas and why those taxes can go up even through the tax rate is lower.

Annual Property Tax Process

This infographic provides information on important dates—like when local taxing units adopt their budgets and set tax rates—so you can participate in the process.

Appraisal Lookup
Find detailed appraisal and tax assessment information on your property.

FAQs
Get answers to common questions about the property tax system.

More Information
Learn the basics about property taxes in Texas.

Media Library
Share helpful infographics and watch videos from public meetings.

:

Texas-logo
Paid for by the Texas Association of REALTORS®
Legal Disclaimer
The material provided here is distributed without warranty of any kind, implied, expressed, or statutory. While the Texas Association of REALTORS® has used reasonable efforts in collecting and preparing materials included here, due to the rapidly changing nature of the real estate marketplace and the law, and our reliance on information provided by outside sources, the Texas Association of REALTORS® makes no claims, promises, or guarantees about the accuracy, completeness, or adequacy of the information provided here or elsewhere on hiddenpropertytax.com and expressly disclaims liability for any errors and omissions. Any legal or other information found here and elsewhere on thehiddenpropertytax.com, or at other sites to which we link, should be verified before it is relied upon. The material provided here is for informational purposes only and is not intended as legal advice for your particular matter. You should contact your attorney to obtain advice with respect to any particular issue or problem. Applicability of legal principles discussed in this material may differ substantially in individual situations.