Exemptions
Lower Your Tax Bill: Homestead and Ag Exemptions
If your home is your main residence, you can apply for a homestead exemption that reduces your taxable value — and if you use land for farming or ranching, an ag valuation may cut your tax bill further.
A residence homestead exemption removes part of your home's appraised value from taxation. State law requires school districts to give at least a $140,000 exemption. You apply directly with the Childress County Appraisal District using Form 50-114. You must include a copy of your Texas driver's license showing the property address. The general filing deadline is April 30 each year — check with CCAD for the current date.
If you own rural land used for agriculture, you may qualify for a 1-d-1 agricultural-use appraisal. This values the land based on what it produces, not what it would sell for — often a big difference in this farming and ranching county. Form 50-129 is available on the CCAD website. Deadlines and qualifying criteria apply, so contact CCAD before the deadline to ask whether your land qualifies.
Source to confirm: Childress County Appraisal District — Forms