Frequently asked
What is the Texas homestead exemption?
Quick answer
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.
Related questions
How do I apply for a homestead exemption in New Braunfels?
File an application with the appraisal district for your property's county: Comal Appraisal District or Guadalupe Appraisal District. The form is free, and you typically apply once as long as you stay in the home.
When is the deadline to apply?
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.
What is the 10% appraisal cap?
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.
Does the exemption transfer when I buy a home?
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.
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