Homestead Exemption

Homestead Exemption Can Lower Your Tax Bill

If your home in Tom Green County is your main residence, you may qualify for a homestead exemption that reduces your property taxes.

Tom Green County Money & Taxes

Texas law requires school districts to give homeowners a $140,000 exemption off their home's taxable value. That means the school district taxes only the amount above $140,000. Other taxing units in Tom Green County — like the county or city — may offer additional local exemptions.

You apply by filing Form 50-114 with the Tom Green County Appraisal District. The general deadline is before May 1 of the tax year, but check with the appraisal district for current deadlines. You must own and live in the home as your primary residence.

Source to confirm: Texas Comptroller — Property Tax Exemptions

More Tom Green County notes

Property Tax

Who Handles Property Taxes in Tom Green County

Tom Green County has two separate offices for property appraisal and tax collection — knowing which does what saves you a wasted trip.

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Agricultural Appraisal

Ag Valuation Can Cut Taxes on Ranch and Farm Land

Land used for ranching or farming in Tom Green County may be taxed on its productivity value, not its market value — which can be much lower.

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School Districts & Taxes

Seven School Districts Share Tom Green County

Which school district your property sits in affects your tax rate — Tom Green County has seven independent school districts.

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Mineral Rights

Buying Land Does Not Always Include the Mineral Rights

In Tom Green County, the person who sells you land may have already sold the oil and gas rights — a common situation in Texas oil country.

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