Homestead Exemption Can Lower Your Property Tax Bill

To qualify, you must own part of the home and use it as your main home. You cannot claim another home as your Texas homestead. In 2026, the school tax exemption takes $140,000 off the home's appraised value. A person who is 65 or older or disabled may get another $60,000 school exemption. Cities and other local taxing units may offer more.

File Form 50-114 with the Central Appraisal District of Johnson County. April 30 is the normal due date. Other rules cover late filings and a home bought during the year, so ask the district which path fits. Once approved, the exemption often stays in place. You may need to apply again if the district asks or your right to it changes.