Exemptions can reduce your property taxes in two ways:
- They cap how much property taxes can increase year over year.
- They exclude a portion of the value from taxation.
Each exemption has rules for qualifying. Some common exemptions in Texas are the homestead, Over 65 and disabled veteran exemptions. Filing an exemption with the county is relatively easy and can often be done online. You will need a Texas ID in your name with the address of your property. The popular homestead exemption applies only to the owner’s primary residence, therefore investment properties are NOT included.
It’s important to note that our success fees are calculated after your exemptions are applied.