Did you buy a home in Texas in 2020?

If you’ve recently bought a home, make sure to file your homestead exemption and lower your property’s taxable value. If you plan to purchase in the future, Texas’ new law allows homeowners to file for a homestead exemption in the same year they purchase instead of the following year. To file, follow these steps:
1. Contact the appraisal district of the county in which you reside to acquire the form, or download the form from the appraisal district website.
2. Complete the Form and attach a copy of your driver’s license that matches the address of the homestead.
3. Submit the Form to the appraisal district. A new Texas law lets you apply for your homestead exemption in the same year you purchase.
If I can help you in any way, please don’t hesitate to reach out.
Marie Walton, CRS, GRI
REALTOR & Associated Broker
8920 Coit Road, Suite 100
Plano TX 75025

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.