Homeowners in Harris County have access to several valuable property tax exemptions, including the Homestead Exemptions and the Over 65/Disability Exemptions, created to ease the financial burden of property taxes. With recent changes to these exemptions, especially the increase in the Over 65/Disability Exemption amount to $320,000 for Harris County Taxing Jurisdictions, now is an excellent time to ensure you maximize your savings.
What is a Homestead Exemption?
A Homestead Exemption is a reduction in your property tax value, which means you pay lower property taxes. In Texas, if your residential home is your primary residence, you may qualify for this exemption. The Over 65/ Disability exemption helps ease the property tax burden for seniors and individuals with disabilities, recognizing that many are on fixed incomes and need additional financial relief.
If you are 65 or older or have a disability, you may qualify for additional savings; a benefit is a Tax Ceiling which freezes school district property taxes and reduces your taxable value even further. Meaning your school taxes won’t increase on your primary residence. This is especially beneficial in areas with rising property values.
In 2024, the Over 65/Disability Exemption for Harris County Taxing Jurisdictions increased from $275,000 to $320,000. This means homeowners who qualify can be exempt from property taxes up to $320,000 on their primary residence appraisal value, providing substantial relief.
These exemptions offer much-needed financial relief for seniors and disabled individuals, particularly those on fixed incomes, and can make a significant difference in managing living expenses. To apply, visit Harris County Appraisal District (HCAD) to learn more and submit your application.