Homestead Exemption

Homestead exemption can lower your property tax bill in Midland

If your home is your main residence, you can apply once for a homestead exemption that reduces your taxable value and caps annual value increases at 10 percent.

Midland County Money & Taxes

To qualify, you must own the home and live in it as your principal residence. File Form 50-114 with the Midland Central Appraisal District. Attach a copy of your Texas driver's license or state ID that shows the property address. Once approved, you do not need to reapply each year.

After the exemption takes effect, your appraised value cannot rise more than 10 percent per year. Midland County also offers extra exemptions for residents over age 65 and for people with disabilities — check midcad.org/exemptions for the current amounts and filing instructions, since the dollar values are set by each taxing entity.

Source to confirm: Midland Central Appraisal District — Exemptions

More Midland County notes

Property Tax Basics

Two offices handle your property taxes in Midland County

The appraisal district sets your property value; the tax office sends the bill and collects money — they are separate offices with different jobs.

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Senior Tax Exemption

Homeowners 65 and older get extra tax relief in Midland County

Residents 65 or older can claim a larger homestead exemption that may also freeze their school district tax bill at its current level.

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Appraisal Protest

You can challenge your property appraisal in Midland County

Every property owner has the right to protest if they think the Midland Central Appraisal District valued their property too high.

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Property Tax Entities

Seven different taxing entities share your Midland County tax bill

Your total property tax bill in Midland County is the sum of rates set by seven separate taxing entities, not just one.

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