Property tax in Texas is a locally assessed and locally administered tax. There is no state property tax. Property tax brings in the most money of all taxes available to local government to pay for schools, roads, police and firemen, emergency response services, libraries, parks and other services provided by local government.
A homestead exemption removes part of the value of your property from taxation and therefore lowers the amount of your property taxes. Tax Code Section 11.13(b) requires school districts to offer a $25,000 exemption on residence homesteads and Tax Code Section 11.13(n) allows any taxing unit the option to decide locally to offer a separate residence homestead exemption of up to 20 percent of a property's appraised value. The local option exemption cannot be less than $5,000. Tax Code Section 11.13(a) requires counties that collect farm-to-market or flood control taxes to offer a $3,000 residence homestead exemption.
To qualify, a home must meet the definition of a residence homestead: The home's owner must be an individual (for example: not a corporation or other business entity) and use the home as his or her principal residence on January 1 of the tax year.
You are to file the completed application with all required documentation beginning Jan. 1 and no later than April 30 of the year for which you are requesting an exemption. If you qualify for the age 65 or older or disabled persons exemption or the exemption for donated homesteads of partially disabled veterans, you are to apply for the exemption no later than the first anniversary of the date you qualify for the exemption.
Tax Code exemption requirements are extensive. Property owners should read applicable statutes carefully. The Comptroller's publication Property Tax Exemptions (PDF) offers a short summary of the exemption provisions.
*Effective September 1, 2011, in order to qualify for a residential homestead exemption you must provide a copy of your Texas Driver License or Texas State ID Card to the Appraisal District when submitting your application. Also, the address shown on your driver license / state ID card MUST match the physical address of the residence for which you are applying for homestead exemption on.
Collin County Appraisal District
Dallas Appraisal District
Denton County Appraisal District
Tarrant Appraisal District
Rockwall Appraisal District
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