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.
Jesse and Shanna Perez
We have had the privilege to work with the amazing Jill Wente twice in the past 4... read moreJesse and Shanna Perez
We have had the privilege to work with the amazing Jill Wente twice in the past 4 years. If you want to work with someone who is very knowledgeable in the realty business and beyond that, look no further. From day one she was ready to help us and answer any questions that we had. You can see her passion and professionalism as soon as you meet her. Everything is perfect, from the photos to the staging of our home and even the fliers that she had made showcasing our home is perfect. She goes above and beyond. So if you want your house to get sold and want it done right, I'd recommend Jill Wente everytime. Anyone can put a house on the market, few can get it sold earlier than expected. She had a contract on both of our homes we sold within days of being on the market. Thank you Jill for being the best at what you do. read less