The homestead exemption is the single most important tax break available to homeowners.

You are eligible if you meet these requirements:
▪ You owned and occupied your home on January 1st of the application year;
▪ Neither you nor your spouse has claimed a residence homestead exemption on any other property; and
▪ The mailing address listed on your Texas ID matches the property location listed on your homestead application.

Homeowners who are over 65 years of age, or who are totally and permanently disabled (as defined by Social Security) are eligible for additional exemptions. The exemption is effective for the year they turn 65 or become disabled