New Law Unlocks Property Tax Savings for Inherited Homesteads
If you have inherited a property and would like to apply for the Homestead Exemption, this article from The University of Texas at Austin will be a great resource in helping you understand the qualifications and application process. The Texas Property Tax Code was changed in 2019 by Senate Bill 1943 which affected both the application process and benefits of this exemption. Please click the link below to access the article.
Homestead Exemption: Tax Code Section 11.49
- Heir must occupy
- Need copy of
Texas Driver License or Texas ID with matching situs
application must be signed by heir apply for exemption
- *Need death
- *Need Homestead
Heirship Affidavit(s) https://www.wcad.org/wp-content/uploads/2019/12/50-114-A.pdf
- *Need utility
bill matching property address
*Note: Appraisal districts are not allowed to require heir property owners to provide a copy of a deed, affidavit
of heirship, or other proof of ownership recorded in the real property records. Texas Senate Bill 1943 changed
the law to eliminate any such requirements.
Residential Homestead Exemption: How to File Electronically
Use the Property Search option to locate your property. Search by name, address or account number. Click the HS Exemption icon to access the online Homestead application. At the top of the form you will need to check the Yes or No box ...
HOMESTEAD CAP Q. What is a Homestead Cap? (Sec. 23.23) Cap value applies to residential homesteads only. If this property is your residence homestead, the appraised value may not exceed the lesser of the market value of the property or the sum of: 10 ...
Tips for Property Owner Exemptions
Tips for Williamson County Property Owners to Take Advantage of Available Property Tax Exemptions TIP #1 – Worth repeating: No need to wait until the new year to apply for your homestead and other exemptions. Most exemptions are effective January 1 ...
Exemptions Information & Requirements
Homestead Exemption: Online Application Tax Code Section 11.13 Must own AND occupy as of January 1st Need copy of Texas Driver License or Texas ID with matching situs If Mailing Address is PO Box, the Texas Driver License or Texas ID still has to ...
Over 65 Exemption
Over 65 Exemption (tax code 11.13(c) exemption): Form 50-114 · Must own and occupy property · Need copy of Texas Driver License or Texas ID with matching situs · Eligible the year they purchase the property and at least one owner is ...