What is the Difference Between the Market Value and the Appraised Value (Homestead Cap Value)?
When you receive your Notice of Appraised Value, you may notice two different values printed on it. Having multiple and different values on the notice can be confusing, especially with […]
What Is A Tax Ceiling Certificate and How Does It Work?
If you have an over-65 or a disability homestead exemption you should be benefitting from a tax “ceiling” applied to your school taxes. If you decide to move, you can […]
What Is The Deadline To File For An Exemption?
The last day for property owners to file most exemption and special appraisal applications is April 30. Certain property owners may late file homestead exemption applications, as indicated below: A […]
Do I Need To File An Application When I Turn 65 Or Is It Automatically Added?
The appraisal district can only automatically process the over 65 exemption if it has the appropriate documentation on hand. Fort Bend CAD requires proof of age to grant an over […]
Is It True That Once I Become 65 Years Of Age, I Will Not Have To Pay Anymore Taxes?
No, that is not necessarily true. If you are 65 or older your residence homestead qualifies for more exemptions which will result in greater tax savings. The amount of the […]
When Do You Apply, If You Are Turning 65?
You may apply on or after your 65th birth date. Once applied it will have an effective date of January 01 of the year you are applying.
Do I, As A Homeowner, Get A Tax Break From Property Taxes?
You may apply for homestead exemptions on your principal residence. Homestead exemptions remove part of your home’s value from taxation, so they lower your taxes. For example, your home is […]
How Much Will I Save?
An exemption removes part of the value of your property from taxation and lowers your tax bill. In addition to the state mandated exemption amounts for school taxes, each taxing […]
Do All Homes Qualify For A Homestead Exemption?
No, only a homeowner’s principal residence qualifies. To qualify, a home must meet the definition of a residence homestead: The home’s owner must be an individual (for example: not a […]
What Homestead Exemptions Are Available?
General Residence Homestead Age 65 or Older Exemption Age 55 or Surviving Spouse of individual who qualified for Age 65 or Older Exemption Disabled Person Exemption 100% Disabled Veterans or […]