The following are the available property tax exemptions in Texas:
General Residence Homestead – The state’s law requires school districts to offer a $25,000 exemption on residence homesteads.
Age 65 or Older or Disabled – Disabled people or those who are 65 years of age or older can get an additional $10,000 exemption from school taxes in Texas.
Disabled Veteran – You can get up to $12,000 tax exemption if you are a disabled veteran. However, the exact amount depends on your age and disability rating. Only vets who are 70% disabled or are 65 or older and have a disability rating of at least 10% can get the $12,000 tax exemption. This also applies to veterans who are blind in one or both eyes or have lost one or both limbs.
Veteran’s Surviving Spouse and Minor Children – The veteran’s surviving spouse, who has not remarried, can also receive the same exemption that the veteran was at the time of his or her death. This also applies to the surviving spouse and the minor children of a military person who has died while on active duty.