GENERAL INFORMATION: Property owners applying for a residence homestead exemption file this form and supporting documentation with the appraisal district in. This video will cover how to fill out the homestead exemption form.You must apply with your county appraisal district to get a homestead exemption. Applying is free and only needs to be filed once. It's time to file for your Texas Homestead Exemption. The State of Texas allows you to claim homestead on your primary residence. We strive to process exemptions as quickly as possible, but at times processing could take up to 90 days to process, per Texas Property Tax Code Section 11.45. I am trying to understand if I could apply for an exemption for two reasons: I don't understand how Virginia's homestead exemption works. Texas homestead exemption is basically a cap on your annual increase on your property taxes.