Property Tax
Homestead exemption can cut your school tax bill in Wilson County
Texas law requires school districts to give homeowners a $140,000 exemption on their primary residence, which directly lowers the taxable value.
If you own and live in your home as your main residence, you can apply for a homestead exemption. Texas law requires every school district to knock $140,000 off the appraised value for that homestead. Homeowners age 65 and older get an additional $60,000 school-district exemption on top of that.
You apply once with the Wilson County Appraisal District. The general deadline is before May 1 of the tax year, but check with WCAD because rules can change. The exemption stays in place as long as you own and live there — you do not reapply each year. Other local taxing units (county, city, special districts) may also offer optional exemptions.
Source to confirm: Texas Comptroller — Property Tax Exemptions