Homestead Exemption

Apply for a Homestead Exemption to Lower Your Tax Bill

If your home is your main residence, you may qualify for a homestead exemption that reduces the taxable value of your property.

Grayson County Money & Taxes

A homestead exemption lowers the value your county uses to calculate your taxes. It can save you money each year. To qualify, the home must be your main residence and you must have an ownership interest in it.

You apply at the Grayson Central Appraisal District in Sherman. There is a deadline to file each year, and it can change, so check the appraisal district's website for the current date. You only need to apply once unless your situation changes. Additional exemptions may be available if you are over 65 or have a disability.

Source to confirm: Texas Comptroller — Property Tax Exemptions

More Grayson County notes

Property Tax Basics

Two Different Offices Handle Your Property Taxes

Grayson County splits property tax duties between two offices, and knowing which one to call saves you time.

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Agricultural Appraisal

Farm and Ranch Land Can Be Taxed at a Much Lower Rate

Texas allows farmland and ranchland to be taxed on what it can produce, not what it would sell for, which can mean a much lower tax bill.

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Appraisal Protest

You Can Challenge Your Property Appraisal Each Year

If you think the Grayson Central Appraisal District overvalued your property, you have the right to protest and get a hearing.

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Flood Insurance

Grayson County Got New FEMA Flood Maps in 2022

Updated flood maps for Grayson County took effect in September 2022, so your property's flood risk zone may be different than it was before.

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