Exemptions

Homestead Exemptions

Entity Code Description Local Option Pct Amount Granted
AC CITY OF ATHENS 1% (minimum $5,000) $0
AT ATHENS ISD n/a $25,000
BR BROWNSBORO ISD 20% (minimum $5,000) $25,000
CH CITY OF CHANDLER 1% (minimum $5,000) $0
CR CROSS ROADS ISD n/a $25,000
EC CITY OF EUSTACE n/a $5,000
EO CITY OF ENCHANTED OAKS 10% (minimum $5,000) $0
EU EUSTACE ISD 20% (minimum $5,000) $25,000
FC CITY OF FRANKSTON 20% (minimum $0) $0
FR FRANKSTON ISD 20% (minimum $5,000) $25,000
HR HENDERSON CO FM-FC n/a $3,000
KE KEMP ISD n/a $25,000
LP LAPOYNOR ISD 20% (minimum $5,000) $25,000
MB MABANK ISD n/a $25,000
ML MALAKOFF ISD n/a $25,000
MU MURCHISON ISD n/a $25,000
SH CITY OF STAR HARBOR 20% (minimum $5,000) $0
TD CITY OF TRINIDAD 20% (minimum $5,000) $0
TO CITY OF TOOL n/a $5,000
TR TRINIDAD ISD 20% (minimum $5,000) $25,000
VA VAN ISD 20% (minimum $0) $25,000

Over-65 Exemptions

Entity Code Description Amount Granted
AC CITY OF ATHENS $20,000
AT ATHENS ISD $10,000
AW ATHENS MUNICIPAL WAT $20,000
BC CITY OF BROWNSBORO $3,000
BR BROWNSBORO ISD $16,000
CC CANEY CITY $5,000
CH CITY OF CHANDLER $5,000
CR CROSS ROADS ISD $10,000
EC CITY OF EUSTACE $10,000
EO CITY OF ENCHANTED OAKS $10,000
EU EUSTACE ISD $10,000
FR FRANKSTON ISD $10,000
HE HENDERSON $25,000
KE KEMP ISD $10,000
LP LAPOYNOR ISD $20,000
MB MABANK ISD $10,000
MF CITY OF MALAKOFF $7,500
MK CITY OF MABANK $3,000
ML MALAKOFF ISD $17,500
MU MURCHISON ISD $10,000
TD CITY OF TRINIDAD $3,000
TO CITY OF TOOL $10,000
TR TRINIDAD ISD $10,000
TV TRINITY VALLEY COMM $15,000
VA VAN ISD $15,000

Disability Exemptions

Entity Code Description Amount Granted
AC CITY OF ATHENS $20,000
AT ATHENS ISD $10,000
AW ATHENS MUNICIPAL WAT $20,000
BR BROWNSBORO ISD $10,000
CR CROSS ROADS ISD $10,000
EC CITY OF EUSTACE $5,000
EO CITY OF ENCHANTED OAKS $3,000
EU EUSTACE ISD $10,000
FR FRANKSTON ISD $10,000
KE KEMP ISD $10,000
LP LAPOYNOR ISD $20,000
MB MABANK ISD $10,000
ML MALAKOFF ISD $10,000
MU MURCHISON ISD $10,000
TR TRINIDAD ISD $10,000

* Either a disability or over/65 exemption may be claimed, but not both.

However, it is best to have an over/65 exemption.

Veteran Exemptions

Percentage Disability Ratings Amount Granted
at least 10% but less than 30% up to $5,000 off Assessed Value
at least 30% but less than 50% up to $7,500 off Assessed Value
at least 50% but less than 70% up to $10,000 off Assessed Value
at least 70% but less than 100% up to $12,000 off Assessed Value
100% 100% Homesteadable Value