Residence Homestead Exemption Application. Bexar County Appraisal District representatives will also be present and answer your individual questions and help you complete your exemption form.To apply for any of the homestead exemptions listed above, please complete and submit the Residence. Homestead Exemption form 50-114. Bought a primary residence within the past year in Texas? It's time to file for your Texas Homestead Exemption. Generally, the deadline to file an application for an exemption is April 30. Here you will learn the application process for a homestead exemption as an heir property owner, including how to apply when there are multiple heirs. Property transferred to a valid living trust can continue to qualify for Texas homestead exemption, as long as certain requirements are satisfied. Both owners must sign the application form and, if both owners otherwise qualify, the homestead exemption will be granted for the entire home.