If you bought a home in Spring Texas in 2020, the first year you will be eligible for a homestead exemption is 2021. One of the eligibility requirements for the homestead exemption is you have to own the home on January 1st of the tax year. The beauty of a homestead exemption is it reduces the tax assessed value of your house which in turns reduces your real estate taxes.
In addition to the homestead exemption, you may be able to reduce your Spring Texas real estate taxes even further if you qualify for an over 65 or a disability and/or a surviving spouse exemption.
It doesn’t cost anything to file for a homestead exemption. You do not have to pay anyone to file it for you as the process of filing is relatively simple.
How to file for a 2021 Homestead Exemption:
2. Attach a copy of your Texas driver’s license or Texas ID card. The address on your driver’s license or ID card must match the address of the house you are filing for a homestead exemption.
3. Attach a copy of your vehicle registration receipt. The address on your vehicle registration receipt must match the address of the house you are filing for a homestead exemption.
4. Complete the form and file for your exemption between January 1, – April 30, 2021.
The homestead exemption is only available for homeowners who owned and occupied their property on January 1st of the tax year.
Once you file for and receive a homestead exemption, you will continue to receive it. You don’t have to refile for the homestead exemption each year. You signed a lot of papers the day you closed on your Spring Texas house but your homestead exemption was not one of them. If you want to receive the homestead exemption, you have to file for it.
Best Realtor Ever! I cannot harp on how wonderful Jill has been during my new home build purchase! She has... read moreBest Realtor Ever! I cannot harp on how wonderful Jill has been during my new home build purchase! She has gone above and beyond by attending every single meeting that I had (design center meeting, electrical, blue tape meeting, final acceptance meeting, closing). During the design appointment, Jill gave pointers on what upgrades would have the best resell value and how much I would see out of it. It was my first time going through the new home building process so it helped make the meeting way less stressful. Jill has been there for me every step of the process even after the closing! I truly have never met a more passionate, hard working individual! I would HIGHLY recommend! read less