From Texastribune · · 40s
Texas homeowners miss property tax savings
Thousands of Texas homeowners aren’t claiming homestead exemptions to save on taxes.
In brief
Thousands of Texas homeowners aren’t claiming homestead exemptions to save on taxes. West Dallas homeowners risk displacement due to unclaimed property tax exemptions that could save thousands annually. Originally reported by Texastribune.
West Dallas homeowners
Many west dallas homeowners aren’t claiming homestead exemptions to save thousands annually on property taxes.
“It comes down to being able to afford another year of taxes”
Homestead exemption benefits
The homestead exemption reduces school district taxes by at least $140,000 and offers additional savings for cities and counties.
Risk of displacement
Without claiming the exemption, west dallas homeowners risk being priced out of their neighborhood and displaced.
Here's the gist
West Dallas homeowners risk displacement due to unclaimed property tax exemptions that could save thousands annually.
