Originally Published on February 2, 2022
WHAT IS HOMESTEAD EXEMPTION?
Homestead exemptions are granted by the county appraisal district where the property is located.
A homestead exemption is a special provision that reduces a homeowner’s property tax bill by removing part of the home’s value from taxation.
All Texas homeowners are able to apply for the exemption on their primary residence.
HOW DO I KNOW IF I QUALIFY?
You may now apply as soon as you close on your home, which is new for 2022.
You must own your home and it must qualify as a residence on January 1st of the year for which you are applying.
You may only claim one property in Texas at a time as a homestead.
Only individual homeowners (not corporations or entities).
HERE’S AN EXAMPLE:
If your home is worth $400,000, and your local property tax rate is 1%, then you’d normally owe $4,000.
But if the homestead exemption is $25,000, then you’re taxed like your property is worth $375,000 — meaning you owe just $3,750.
HOW DO I FILE?
Collin County
collincad.org, 469/742.9200
Dallas County
dallascad.org, 214/631.0910
Denton County
dentoncad.com, 940/349.3800
Tarrant County
tad.org, 817/284.0024
Johnson County johnsoncad.com, 817/648.3000
Texas Comptroller
www.window.state.tx.us
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