Did you purchase a home in Texas in 2017? If so, then it’s time to file for the Texas Homestead Exemption! You may be thinking, “Now what on earth is that, MAC?” Well, let me tell you!
The residential Homestead Exemption is a legal exemption that removes part of the home’s value from taxation. What that means is that homeowners can potential save up to thousands of dollars on property taxes, depending on the value of your home.
In order to qualify for the Homestead Exemption, you must have owned the property as your primary residence (not an investment) by January 1, 2018. In addition, you will not be able to claim a homestead exemption on any other property.
What’s the next step? Download the Application for Residential Homestead Exemption from your appraisal district’s website. Either print and complete the exemption or, if allowed, fill out the form online and submit. Applying for this exemption is absolutely free, so please be aware of any companies who ask you for a payment. Not that the deadline for applications is April 30, 2018.
Don’t be overwhelmed by this task! If you have any questions regarding the Homestead Exemption then please feel free to call The MAC Home Team, and we will be more than happy to assist you!
Here, a list of appraisal district offices in nearby counties to assist you in determining if you meet the qualifications to receive a residential homestead exemption.
APPRAISAL DISTRICT OFFICES
Collin County 972.578.5200
Dallas County 214.631.0910
Denton County 940.349.3800
Ellis County 972.937.3552
Rockwall County 972.771.2034
Tarrant County 817.284.0024