Over-65 Homestead Exemption
A Homestead Exemption is a statutory amount that reduces the appraised value of homestead property
Regular Homestead Exemption $15,000
Over-65 Homestead Exemption $25,000
School taxes are frozen as of the year Over-65 Exemption is granted
New school bonds will not impact taxes on a homestead currently receiving an Over-65 Exemption unless property is improved.