As a new property owner, you are required to pay property taxes on this real estate. It is taxed each year by a variety of jurisdictions including the county, city, and school district.
As a new purchaser, you need to notify the taxing authorities of your ownership so that the tax rolls will reflect the change You may do this by contacting the tax appraisal district in your county:
Your property is assigned a single appraised value, which is sent to all taxing jurisdictions. The jurisdiction then applies the tax rate, as set by its governing body, to the appraised value.
To qualify for a residential homestead exemption, you must provide the following to the Central Appraisal District when submitting your application:
- A copy of the applicant’s Texas driver’s license or Texas identification certificate.
The property address on the exemption application must match the address listed on the applicant’s Texas driver license/Texas identification certificate; otherwise, the City Appraiser is prohibited from approving the exemption
To qualify, you must own and reside in your home on January 1 of the year application is made and cannot claim a homestead exemption on any other property. If you temporarily move away from your home, you still can qualify for this exemption, if you do not establish another principal residence and you intend to return in less than two years.
You may exceed the two-year limit if you are in military service serving outside of the United States or live in a facility providing services related to health, infirmity or aging.
Applications cannot be filed before the date you qualify for the exemption. If you are a single or married homeowner filing together, you may be eligible to apply online.
Each individual owner, excluding married couples, residing on the property must complete a separate application to qualify for an exemption for his or her interest in the property. If separate individuals own this property, you must list the percent of ownership for each and the name and mailing address of each owner who does not reside at the property.
Exemptions are allocated according to percent of ownership interest the applicant has in the property. For property owned through a beneficial interest in a qualifying trust, attach a copy of the document creating the trust. For heir property, see below for required documents. (Dallas Central Appraisal District)
- General Homestead Exemption
- Over 65 Exemption
- Disabled Individual Exemption
- Disabled Veteran Exemption
- Agriculture Land Exemption
TD RECEIVE YOUR EXEMPTION(S), YOU MUST OWN THE PROPERTY AND BE LIVING IN THE PROPERTY AS OF JANUARY IST. YOUR APPLICATION MUST BE APPLIED FOR ON OR BEFORE APRIL 30TH TO RECEIVE THE TAX BENEFITS FOR THIS YEAR, THIS IS A FREE SERVICE.
Remember, tax statements are generally mailed in October of each year. The taxes are payable on or after October 31st, however, you may elect to pay them as late as January 31st without penalty.
Taxes become delinquent February 1st and on this date penalties and interest do accrue. If you receive a Tax Statement and your mortgage company is escrowing funds for taxes from your monthly payments, forward the statement to your mortgage company so that they can pay the taxes.
If the Central Appraisal District sends correspondence regarding your exemption, make sure to respond