A property owner must apply for an exemption in most circumstances. No information is available for this page.Want to save on property taxes? Learn more about Houston Homestead Exemption Types, Requirements for Eligibility, and the Application Process. Model forms, exemption applications, and special-use applications are made available here as a public courtesy. Every state has different tax exemptions. Explore Texas property tax exemptions and discover how O'Connor can help save you tax money. All eligible facilities must submit Form 50-844, the application. VArated disabled vets (DVs) may receive a discount on the taxes property taxes. Some DVs can even get their property taxes completely waived.