Texas Homestead Exemptions: What to Know in 2024

In Texas, homeowners enjoy the benefits of the Homestead Exemption, which can significantly reduce property taxes. However, recent changes to the Texas Tax Code, effective September 1, 2023, have introduced a new requirement. Homeowners may now need to reapply for their Homestead Exemption every five years. This reapplication is necessary to demonstrate to the County Appraisal District (CAD) that they still qualify for the exemption.

Receiving a letter from the CAD regarding the need to reapply for a Homestead Exemption, or to provide additional documentation, should not be ignored. It is crucial to provide the requested application or information before the stated deadline. Failure to do so could result in the loss of your Homestead Exemption and any other related property tax exemptions, leading to a higher tax bill.

If you receive such a letter, it is recommended to contact your local CAD for more information or to verify the validity of any requests for reapplication or information. Staying informed and proactive about your Homestead Exemption can help you continue to benefit from this valuable tax savings opportunity.