Property owners across Texas often explore exemption opportunities to help reduce their annual property tax responsibility. These exemptions can offer meaningful savings and are available to many homeowners who meet the basic eligibility criteria. The most well-known option is the Homestead Exemption, which applies to a primary residence and helps lower the taxable value of the property. This reduction can make a noticeable difference in yearly tax costs.
Texas also provides several additional exemptions tailored to specific property types and owner situations. These may include exemptions for seniors, certain disability categories, and qualifying homeowners who use their property as their main residence. Each exemption has its own set of requirements and application guidelines, making it helpful for property owners to review the options carefully to understand what applies to them.
Taking time to explore these exemptions ensures homeowners are aware of opportunities that may help reduce their Property tax