Property Tax
Over-65 and disability exemptions stack on top of the homestead in Parker County
The regular homestead exemption is just the starting line. The year a Parker County homeowner turns 65, or qualifies as disabled under the Social Security definition, a second tier kicks in. School districts have to knock an extra amount off the taxable value for those owners: as of 2025 the general school homestead exemption is $140,000, and an over-65 or disabled owner gets another $60,000 on top, for a total of $200,000. On top of that, any taxing unit (the county, a city, an emergency services district, the hospital district) can vote in its own local-option exemption, which can't be set below $3,000.
Because every entity sets its own amount, the over-65 break on a home inside Weatherford's city limits won't look the same as one on identical acreage out in the unincorporated county, or one sitting in the slice of Fort Worth that reaches into Parker County. Same age, same disability, different total: it all depends on which districts your address falls inside.
A few things catch people out. The exemption doesn't apply itself when you hit 65; you file for it with PCAD, and an over-65 owner also gets a school-tax ceiling that freezes the school portion of the bill. If you're buying from an older seller, their tax bill reflects their exemptions, not the ones you'll get, so last year's bill won't tell you what yours will be. PCAD's exemptions page lists the over-65 amounts by entity, and the office at 1108 Santa Fe Dr. can confirm what carries over when ownership changes.
Source to confirm: Parker County Appraisal District — Available Exemptions