A completed Homestead Exemption Application showing the homestead address. No information is available for this page.The application may be available online or in person. GENERAL INFORMATION: Property owners applying for a residence homestead exemption file this form and supporting documentation with the appraisal district in. Homestead exemptions can help lower the property taxes on your home. Here, learn how to claim a homestead exemption. Bought a primary residence within the past year in Texas? It's time to file for your Texas Homestead Exemption. Address on the driver's license or identification card MUST be the same as the address on which you are filing an Application for Residence Homestead Exemption. If you bought a new home and moved in recently, don't forget to fill out your homestead exemption form 50114.