HOMESTEAD EXEMPTION
Resource
Congratulations on your new home! Now it’s time to file your Homestead Exemption to reduce your future property taxes.
A Texas homestead exemption is a tax break for homeowners who qualify. The exemption allows homeowners to claim their primary residence as their homestead, thus allowing them to save on property taxes. It also provides them with certain protections from potential creditors. This exemption is a major benefit associated with buying and owning your house in Texas.
Who qualifies for the general Texas homestead exemption?
To qualify for the Texas general residence homestead exemption, you must satisfy three requirements:
* You must own your home; partial ownership satisfies this requirement
* This home must be your principal/primary residence
* You must have a Texas driver’s license or other type of Texas-issued form of identification
Click here for the HOMESTEAD EXEMPTION APPLICATION
If applying in Taylor County- Click here for online application
Click here to see what additional exemptions you might qualify for!
