Homestead status can save you money on your property taxes. Individual taxpayer identification numbers now qualify property owners for homestead exclusion.Qualifying individuals must submit an application in order to receive the homestead exemption. Apply for homestead exemptions? Call the Tarrant Appraisal District at 817-284-0024. The exemptions apply only to property that you own and occupy as your principal place of residence. Keeping your eligibility for the standard homestead exemption is quite simple. Bought a primary residence within the past year in Texas? It's time to file for your Texas Homestead Exemption. Exemption in the downtown area.