Homestead Exemption

How to Lower Your Property Tax with a Homestead Exemption

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

Randall County Money & Taxes

Texas law requires school districts to give a $140,000 homestead exemption on your primary residence. That means the school district taxes only the value above $140,000. Other taxing units — like the county and city — may offer additional exemptions on top of that.

To apply, file Form 50-114 with the Potter-Randall Appraisal District (PRAD). You typically must apply by April 30 after you move in, though rules can change. Check prad.org or call PRAD at 806-358-1601 to confirm current deadlines and any extra exemptions for people over 65 or with disabilities.

Source to confirm: Texas Comptroller – Property Tax Exemptions

More Randall County notes

Property Appraisal

Who Appraises Your Property in Randall County

Randall County shares an appraisal district with Potter County, called the Potter-Randall Appraisal District (PRAD), which sets the taxable value of your property.

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Agricultural Appraisal

Ag Valuation Can Sharply Cut Your Land Tax Bill

Land used for farming, ranching, or wildlife management in Randall County may qualify for a special low appraisal that is based on productivity, not market value.

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Groundwater

The Ogallala Aquifer: Where Randall County Gets Its Water

Randall County sits above the Ogallala Aquifer, the main source of water for drinking and farming, and levels have been dropping for decades.

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Septic Systems

Rural Homes in Randall County Need a Septic Permit

If your property outside city limits is not connected to a public sewer, you need a permitted on-site sewage facility (OSSF) — commonly called a septic system.

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