How do I apply for a homestead exemption in New Braunfels?

It is a reduction in the taxable value of your primary residence, applied before tax rates are calculated. It also unlocks the cap on yearly increases in taxable value. You have to apply for it; it is not automatic.

The general deadline is April 30 of the tax year. Late applications are allowed in some situations, so contact the appraisal district if you have missed it.

For a homestead, the taxable appraised value generally cannot rise more than 10% above the prior year's appraised value, even if the market value rises faster. It applies to the taxable value, not to the tax rate or the amount of your bill.

No. The seller's exemption generally ends when the property is sold, and the new owner has to apply for their own once the home is their principal residence.