The homestead exemp- tion provides a reduction in property taxes to qualified senior or disabled citizens, or a surviving spouse, on the dwelling that is that. Elderly and Disabled Exemptions.Standard Homestead Exemption allows low income senior citizens and permanently, totally disabled Ohioans to reduce their property tax bills. The homestead exemption allows lowincome senior citizens and permanently and totally disabled Ohioans, to reduce their property tax bills. The general homestead exemption is available, plus exemptions for people who are 65 years or older. The Travis Central Appraisal District grants homestead exemptions and assigns you the Owner ID and PIN you will need to apply on your Notice of Appraised Value. Douglas County has additional exemptions. Douglas County has additional exemptions. CO. Mailing Address (if different from property address). Check box if ownership is held in a life estate. 2.