How Much Savings Is My Texas Homestead Exemption?

Homestead Exemption in Texas

How a Homestead Exemption Works If your home’s tax appraised value comes in at $100,000, and you qualify for a $25,000 exemption (this is the amount mandated for school districts), you will pay school taxes on your home as if it the tax appraised value were only $75,000. A homestead exemption also protects a surviving spouse if the other homeowner spouse...

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