Homestead Exemption is available, upon request, to homeowners who reside and pay all local and state taxes in the taxing district. There are three types of Homestead Exemptions available:
- Regular – allows up to $300.00 credit on a home based on the appraised value.
- Special – This exemption is for homeowners who are either 65 years old or older (must be 65 yrs old before January 1 of the filing year) or homeowners who are currently disabled. (eligibility letter is required for proof). This exempts up to $75,000 of the appraised value of the home.
- 100% Disabled American Veteran – Exempts all property taxes on the veteran’s homesteaded property. Letter from VA is required.
You may apply for Homestead Exemptions from January 2 through April 1 of each year. To apply you will need the following:
- filed warranty deed
- cost of home (settlement statement)
- social security numbers of all parties on deed and their spouses
- all of your license tag numbers
- date of birth if over 65
- Award letter from Social Security or VA if disabled stating the date you became disabled.
You do not need to reapply annually unless changes have occurred .
You may need to reapply for the following reasons:
- Death of a spouse
- Selling part of the homesteaded property