Choose your county to calculate supported homestead savings from your bill.
A savings estimate is available only when we have a current, verified amount and scope. Other programs link to the official assessor. Eligibility answers do not confirm approval.
How much could a homestead exemption save?
For a taxable-value exemption: savings = the value removed × the applicable tax rate ÷ 100. The reduction cannot exceed the remaining taxable value. Use the rate for the taxing unit covered by the exemption. A countywide Census effective rate is not suitable here.
For illustration, removing $10,000 of taxable value at a hypothetical 1.5% rate saves $150 for that levy over a full year. These are example inputs, not an exemption offered by a particular county.
Start with taxable value before the exemption you are calculating. If your notice already includes it, do not subtract it again. Compare one program at a time; exemptions may overlap. Tax ceilings, partial-year eligibility, local options and special charges are outside this estimate.
Verified savings rules available here
General Residence Homestead (TX)
$140,000 reduction. General residence homestead exemption for school-district taxable value only. Use the school-district rate, not the combined rate. Full-year estimate before tax ceilings, local-option exemptions or other adjustments.
Age 65 or older residence homestead exemption (TX)
$60,000 reduction. Additional school-district taxable-value exemption only. Use the school-district rate, not the combined tax rate. Do not combine the age and disability exemptions for the same taxing unit.
$60,000 reduction. Additional school-district taxable-value exemption only. Use the school-district rate, not the combined tax rate. Do not combine the age and disability exemptions for the same taxing unit.
Homestead Exemption for Persons with Disabilities (IL)
$2,000 reduction. Annual reduction of equalized assessed value (EAV) for the Homestead Exemption for Persons with Disabilities. Use the tax rate applied to EAV.
To qualify for the general residence homestead exemption, a home must meet the definition of a residence homestead and an individual must have an ownership interest in the property and use the property as the individual's principal residence. An applicant is required to state that he or she does not claim an exemption on another residence homestead in or outside of Texas.
To qualify for the general residence homestead exemption, a home must meet the definition of a residence homestead and an individual must have an ownership interest in the property and use the property as the individual's principal residence. An applicant is required to state that he or she does not claim an exemption on another residence homestead in or outside of Texas.
To qualify for the age 65 or older residence homestead exemption, the individual must be age 65 or older, have an ownership interest in the property and live in the home as his or her principal residence.
For persons age 65 or older or disabled, Tax Code Section 11.13(c) requires school districts to provide an additional $60,000 residence homestead exemption.
A disabled person must meet the definition of disabled for the purpose of receiving disability insurance benefits under the Federal Old-Age, Survivors and Disability Insurance Act administered by the Social Security Administration. Disability benefits from any other program do not automatically qualify you for the exemption.
This exemption is an annual $2,000 reduction in the EAV of the primary residence that is occupied by a person with a disability who is liable for the payment of property taxes. The person with a disability must be an owner of record of the property or have a legal or equitable interest in the property as evidenced by a written instrument.