New Rules for the Homestead Exemption- 2022

Starting January 1, 2022, Texas has some new rules around filing a homestead exemption. Let's first start with what are exemptions...

Exemptions are a type of tax relief that can reduce the taxable value of your

property. Texas has several types of exemptions, see the most common ones below.

  • Homestead

  • Over 65 Years of Age

  • Disabled Individual

  • Disabled Veteran

  • Agricultural

The Homestead exemption is the most common, the requirement for this exemption is you own and occupy the property as your primary residence and it's not in a companies name. This means that a specific dollar amount will be deducted from your taxable value before they calculate the taxes owed on the new value. Here's an example.

Taxable Value: $200,000

HS Exemption: $25,000

New Taxable Value: $175,000

In this example, the homeowner's property tax percentage would be calculated on $175,000.

Currently, in Texas, the exemption is $25,000, though there is a vote in May 2022 to raise that amount to $40,000. You can read about it here.

To file for this exemption, you must fill out the application (find it here) and submit a copy of your driver's license with the application. The address on your license must match the property address you are filing the extension for.

Most counties will allow you to file a homestead exemption immediately after closing on your new property. Check with the Central Appraisal District your property is located. Below is a list of the Central Appraisal Districts in the Dallas/Ft. Worth area, each name is linked to their website. There is no cost to filing an exemption. It's very easy to do.

Collin County

Dallas County

Denton County

Ellis County

Grayson County

Hunt County

Johnson County

Kaufman County

Parker County

Rockwall County

Tarrant County

Let us know if you have any questions! We're here to help in any way we can!

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