Homestead exemptions are a valuable way for homeowners to reduce the amount of property taxes they owe. These exemptions can apply to a portion of a property's value, resulting in a lower tax bill.

To qualify for the general residence homestead exemption, a home must meet the definition of a residence homestead and an individual must have an ownership interest in the property and use the property as the individual's principal residence.

Person Age 65 or Older (or Surviving Spouse) Exemption An over 65 exemption is available to property owners the year they become 65 years old. By state law, this exemption is $10,000 for school districts. Other taxing units may adopt this exemption and determine its amount.

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Qualifying individuals must submit an application in order to receive the homestead exemption. You must apply with your county appraisal district to get a homestead exemption.Applying is free and only needs to be filed once. Apply for homestead exemptions? Call the Tarrant Appraisal District at 817-284-0024. Bought a primary residence within the past year in Texas? It's time to file for your Texas Homestead Exemption. An updated Texas issued Driver License or Identification card showing your current physical address is required to qualify for the homestead exemption. You must file the application no earlier than January 1 of the year following your purchase through April 30 of that same year. You must apply with your county appraisal district to get a homestead exemption.

Homestead Exemption With No Mortgage In Tarrant

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Did Tarrant County increase homestead exemption?

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