In the 2025 election, Texas voters approved Proposition 13, which increased the homestead tax exemption for school districts from $100,000 to $140,000. It takes effect Jan. 1.
Homestead exemptions offer exceptions to financial claims on your primary residence. Homeowners filing for bankruptcy may be able to use a homestead exemption to shield the home’s equity from ...
AUSTIN (KXAN) — The Texas Tribune has called the elections on Propositions 11 and 13, which cut property taxes for homeowners, with an additional cut for disabled Texans and those over the age of 65.