One of the easiest ways to Reduce your Spring Texas property taxes is by filing for your homestead exemption. The homestead exemption removes part of the assessed value of your property from taxation and thus lowers your real estate taxes.
The assessed value of your home is the value placed on your home by either the Harris County appraisal district or the Montgomery County appraisal district for the purposes of determining your local property taxes.
The three types of homestead exemptions, which you may be eligible for are general homestead, over 65 homeowner, and homeowner with disability.
In order to qualify for the homestead exemption:
* You must own your home on January 1st of the tax year.
* You must use the home as your principal residence.
* You must provide a copy of your driver’s license and vehicle registration. If you don’t have a driver’s license and vehicle registration, there are other documents you can provide.
All property in Texas is taxable unless exempted in the Constituion. Therefore, the presumption is that your property is taxable until you show the county appraisal district that it is otherwise which is why you must file the exemption form in order to received the exemption.
You must file an application for the residential homestead exemption between January 1st and April 30th of the tax year in order to receive the exemption for the year.
Don’t be mislead in thinking that you don’t have to file for a homestead exemption because the Spring Texas home that you purchased already had a homestead exemption. That homestead exemption went with the previous owners. You need to file for your own general homestead exemption in order to reduce your property taxes.
Its easy to file. You don’t have to pay anyone to do it for you. It is only a one page form. Reduce your property taxes today by filing for either the Harris County Homestead Exemption or the Montgomery County Homestead Exemption.
It is estimated that less than 50% of the Houstonians who qualify for a homestead exemption never receive the tax break they are entitled. Why? Because they did not file for the exemption. .